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Fixstars (TSE:3687) Accounts Receivable : 円2,769 Mil (As of Mar. 2024)


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What is Fixstars Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fixstars's accounts receivables for the quarter that ended in Mar. 2024 was 円2,769 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fixstars's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 123.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fixstars's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円131.43.


Fixstars Accounts Receivable Historical Data

The historical data trend for Fixstars'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.

* Premium members only.

Fixstars Accounts Receivable Chart

Fixstars Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,161.95 1,644.37 1,662.36 2,012.11 2,374.68

Fixstars Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,353.28 1,962.91 2,374.68 2,298.06 2,769.42

Fixstars Accounts Receivable Calculation

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


Fixstars 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.

Fixstars's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2769.422/2052.172*91
=123.14

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

Fixstars's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(4448.637+0.75 * 2769.422+0.5 * 22.551-2104.213
-0-198.783)/32.2157
=131.43

* 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.


Fixstars Accounts Receivable Related Terms

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Fixstars (TSE:3687) Business Description

Traded in Other Exchanges
N/A
Address
1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032
Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.

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