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Tokai Carbon Co (TSE:5301) Accounts Receivable : 円70,683 Mil (As of Mar. 2024)


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What is Tokai Carbon Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tokai Carbon Co's accounts receivables for the quarter that ended in Mar. 2024 was 円70,683 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tokai Carbon Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tokai Carbon Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-646.26.


Tokai Carbon Co Accounts Receivable Historical Data

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Accounts Receivable Chart

Tokai Carbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50,648.00 41,438.00 56,668.00 65,197.00 65,530.00

Tokai Carbon Co 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 62,911.00 65,707.00 68,872.00 65,530.00 70,683.00

Tokai Carbon Co Accounts Receivable Calculation

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


Tokai Carbon 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=70683/82161*91
=78.50

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

Tokai Carbon Co'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)
=(68890+0.75 * 70683+0.5 * 113314-279129
-0-37222)/213.215
=-646.26

* 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.


Tokai Carbon Co Accounts Receivable Related Terms

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Tokai Carbon Co (TSE:5301) Business Description

Traded in Other Exchanges
Address
1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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