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Tripleize Co (TSE:5026) Accounts Receivable : 円277 Mil (As of Feb. 2024)


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What is Tripleize Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tripleize Co's accounts receivables for the quarter that ended in Feb. 2024 was 円277 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tripleize Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 21.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tripleize Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-177.86.


Tripleize Co Accounts Receivable Historical Data

The historical data trend for Tripleize 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.

* Premium members only.

Tripleize Co Accounts Receivable Chart

Tripleize Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Accounts Receivable
189.04 317.80 274.95 273.85

Tripleize Co Quarterly Data
Aug20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 239.92 253.24 273.85 297.18 277.38

Tripleize Co Accounts Receivable Calculation

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


Tripleize 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.

Tripleize Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=277.38/1156.695*91
=21.88

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

Tripleize Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(1694.885+0.75 * 277.38+0.5 * 385.195-3408.454
-0-0)/7.3817
=-177.86

* 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.


Tripleize Co Accounts Receivable Related Terms

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Tripleize Co (TSE:5026) Business Description

Traded in Other Exchanges
N/A
Address
3-4-4 Kanda Surugadai, Ryumeikan Main Store Building 12th floor, Chiyoda-ku, Tokyo, JPN, 101-0062
Tripleize Co Ltd is an information technology company. The company offers System Development, Cloud Service, Infrastructure Construction, and Acquiring services.

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