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Furukawa Co (TSE:5715) Accounts Receivable : 円28,626 Mil (As of Dec. 2023)


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What is Furukawa Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Furukawa Co's accounts receivables for the quarter that ended in Dec. 2023 was 円28,626 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Furukawa Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Furukawa Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,842.01.


Furukawa Co Accounts Receivable Historical Data

The historical data trend for Furukawa 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.

Furukawa Co Accounts Receivable Chart

Furukawa Co 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 30,653.00 28,030.00 28,344.00 35,502.00 30,408.00

Furukawa 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 35,502.00 26,683.00 29,031.00 28,626.00 30,408.00

Furukawa Co Accounts Receivable Calculation

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


Furukawa 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.

Furukawa 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
=28626/47241*91
=55.29

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

Furukawa 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)
=(17814+0.75 * 28626+0.5 * 53168-131040
-0-3332)/37.19
=-1,842.01

* 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.


Furukawa Co Accounts Receivable Related Terms

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Furukawa Co (TSE:5715) Business Description

Traded in Other Exchanges
Address
2-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8370
Furukawa Co Ltd is a Japan-based company that primarily produces and sells machinery products, smelts on consignment and sells copper products, and produces electronic materials and chemical products. The company generates the majority of its sales from four major segments: industrial machinery, rock drill machinery, UNIC machinery, and metals. The industrial machinery segment supplies environmental machinery, pumps, and industrial machinery. The rock drill machinery segment produces and sells rock drill machines. The UNIC machinery segment produces and distributes cranes and carriers. The metals segment smelts copper products and supplies other metal products including ore, gold, and silver. The company generates the majority of its sales from the Japanese domestic market.

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