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Takara Leben Real Estate Investment (TSE:3492) Accounts Receivable : 円127 Mil (As of Aug. 2023)


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What is Takara Leben Real Estate Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Takara Leben Real Estate Investment's accounts receivables for the quarter that ended in Aug. 2023 was 円127 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Takara Leben Real Estate Investment's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 5.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Takara Leben Real Estate Investment's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was 円-97,556.33.


Takara Leben Real Estate Investment Accounts Receivable Historical Data

The historical data trend for Takara Leben Real Estate Investment's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Takara Leben Real Estate Investment Accounts Receivable Chart

Takara Leben Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial 75.30 81.48 94.26 93.17 126.79

Takara Leben Real Estate Investment Semi-Annual Data
Feb18 Aug18 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.07 93.17 95.71 126.79 -

Takara Leben Real Estate Investment Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Takara Leben Real Estate Investment Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Takara Leben Real Estate Investment's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=126.79/3886.3*91
=5.95

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Takara Leben Real Estate Investment's accounts receivable are only considered to be worth 75% of book value:

Takara Leben Real Estate Investment's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4667.574+0.75 * 126.79+0.5 * 0-72207.259
-0-0)/0.69134
=-97,556.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Takara Leben Real Estate Investment Accounts Receivable Related Terms

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Takara Leben Real Estate Investment (TSE:3492) Business Description

Traded in Other Exchanges
N/A
Address
1 Chome-14-15 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Takara Leben Real Estate Investment Corp is a J-REIT that owns and operates real estate properties and real property-related assets. It invests in office, hotel and residential properties.

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