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Chukyo Iyakuhin Co (TSE:4558) Accounts Receivable : 円704 Mil (As of Dec. 2023)


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What is Chukyo Iyakuhin Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chukyo Iyakuhin Co's accounts receivables for the quarter that ended in Dec. 2023 was 円704 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chukyo Iyakuhin Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 35.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chukyo Iyakuhin Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-43.15.


Chukyo Iyakuhin Co Accounts Receivable Historical Data

The historical data trend for Chukyo Iyakuhin Co'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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Chukyo Iyakuhin Co Accounts Receivable Chart

Chukyo Iyakuhin Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 410.47 413.76 389.74 396.81 502.19

Chukyo Iyakuhin Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 649.45 502.19 705.78 567.92 704.34

Chukyo Iyakuhin Co Accounts Receivable Calculation

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


Chukyo Iyakuhin Co 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.

Chukyo Iyakuhin Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=704.338/1803.283*91
=35.64

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

Chukyo Iyakuhin Co'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)
=(1285.422+0.75 * 704.338+0.5 * 985.532-2765.798
-0-0)/10.6458
=-43.15

* 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.


Chukyo Iyakuhin Co Accounts Receivable Related Terms

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Chukyo Iyakuhin Co (TSE:4558) Business Description

Traded in Other Exchanges
N/A
Address
2-15-1 Kamezaki Kitaura-cho, Handa-shi, Aichi, Kamezakikitaura, JPN, 475-8541
Chukyo Iyakuhin Co Ltd is engaged in the businesses of Healthcare, Aquamagic, Lifecare, Insurance and Shopping website. In the Healthcare business, the company provides health-related products and lifestyle items. In the Aquamagic business, the entity offers water to its customers. The Lifecare business covers company offering health-related products like beverages, food products, and sanitary goods. It also offers the products through its website to the customers.

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