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Asahi Yukizai (TSE:4216) Accounts Receivable : 円17,725 Mil (As of Dec. 2023)


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What is Asahi Yukizai Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asahi Yukizai's accounts receivables for the quarter that ended in Dec. 2023 was 円17,725 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asahi Yukizai's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 72.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asahi Yukizai's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円600.90.


Asahi Yukizai Accounts Receivable Historical Data

The historical data trend for Asahi Yukizai'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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Asahi Yukizai Accounts Receivable Chart

Asahi Yukizai Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,997.00 13,796.00 13,247.00 14,529.00 13,781.00

Asahi Yukizai 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 14,529.00 15,948.00 18,260.00 17,725.00 13,781.00

Asahi Yukizai Accounts Receivable Calculation

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


Asahi Yukizai 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.

Asahi Yukizai's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17725/22252*91
=72.69

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

Asahi Yukizai's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(16105+0.75 * 17725+0.5 * 22657-28533
-0-676)/19.1683
=600.90

* 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.


Asahi Yukizai Accounts Receivable Related Terms

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Asahi Yukizai (TSE:4216) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, World Trade Center Building, 4-1 Hamamatsu-Cho 2-Chome, Minato-Ku, Tokyo, JPN, 105-6120
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.

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