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Yodogawa Steel Works (TSE:5451) Accounts Receivable : 円53,166 Mil (As of Dec. 2023)


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What is Yodogawa Steel Works Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yodogawa Steel Works's accounts receivables for the quarter that ended in Dec. 2023 was 円53,166 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yodogawa Steel Works's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 92.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yodogawa Steel Works's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円1,428.22.


Yodogawa Steel Works Accounts Receivable Historical Data

The historical data trend for Yodogawa Steel Works'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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Yodogawa Steel Works Accounts Receivable Chart

Yodogawa Steel Works 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 39,117.00 41,229.00 53,671.00 49,521.00 45,474.00

Yodogawa Steel Works 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 49,521.00 50,177.00 49,310.00 53,166.00 45,474.00

Yodogawa Steel Works Accounts Receivable Calculation

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


Yodogawa Steel Works 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=53166/52179*91
=92.98

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

Yodogawa Steel Works'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)
=(49602+0.75 * 53166+0.5 * 44298-46407
-0-23984)/28.8712
=1,428.22

* 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.


Yodogawa Steel Works Accounts Receivable Related Terms

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Yodogawa Steel Works (TSE:5451) Business Description

Traded in Other Exchanges
N/A
Address
4-1-1 Minami-Honmachi, Chuo-ku, Osaka, JPN, 541-0054
Yodogawa Steel Works Ltd is a Japan-based company primarily engaged in manufacturing of steel products. The company generates most of its revenue from its steel sheet segment, which is primarily engaged in the manufacturing and sale of cold-rolled steel, polished hoop steel, hot-dip galvanizing steel sheets, painted hot-dip galvanizing steel sheet, various steel sheets, other construction materials, and exterior products, as well as designing and engineering of construction work. Japan and Taiwan are the company's top two markets, jointly accounting for the majority of the company's sales.

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