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FANCL (TSE:4921) Accounts Receivable : 円13,895 Mil (As of Dec. 2023)


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What is FANCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FANCL's accounts receivables for the quarter that ended in Dec. 2023 was 円13,895 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FANCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FANCL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円217.48.


FANCL Accounts Receivable Historical Data

The historical data trend for FANCL'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.

FANCL Accounts Receivable Chart

FANCL 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 12,114.00 13,590.00 11,916.00 11,679.00 14,265.00

FANCL 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 11,679.00 11,919.00 12,925.00 13,895.00 14,265.00

FANCL Accounts Receivable Calculation

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


FANCL 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13895/29338*91
=43.22

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

FANCL'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)
=(36877+0.75 * 13895+0.5 * 13158-27572
-0-0)/120.957
=217.48

* 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.


FANCL Accounts Receivable Related Terms

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FANCL (TSE:4921) Business Description

Traded in Other Exchanges
Address
89-1 Yamashita-cho, Naka-ku, Yokohama, JPN, 231-8528
FANCL Corp is a Japan-based company that is principally engaged in manufacturing and selling cosmetics and health related products through subsidiaries. The company operates through three business segments. The cosmetics business provides additive-free skin care products. The Nutraceutical related business produces and distributes health food products. The other related business offers germinated rice, green juice and other products. The cosmetics business and the Nutraceutical related business jointly contribute most of the company's revenue. The company distributes its products mainly through mail order sales, store sales and wholesale. The company generates majority of its total revenue from the domestic market.

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