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SBI Leasing Services Co (TSE:5834) Accounts Receivable : 円221 Mil (As of Dec. 2023)


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What is SBI Leasing Services Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SBI Leasing Services Co's accounts receivables for the quarter that ended in Dec. 2023 was 円221 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SBI Leasing Services Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 2.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SBI Leasing Services Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-923.81.


SBI Leasing Services Co Accounts Receivable Historical Data

The historical data trend for SBI Leasing Services 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.

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SBI Leasing Services Co Accounts Receivable Chart

SBI Leasing Services Co Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
405.00 714.00 340.00

SBI Leasing Services Co Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 222.00 340.00 208.00 554.00 221.00

SBI Leasing Services Co Accounts Receivable Calculation

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


SBI Leasing Services 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.

SBI Leasing Services 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
=221/8252*91
=2.44

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

SBI Leasing Services 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)
=(56821+0.75 * 221+0.5 * 0-64171
-0-0)/7.7768
=-923.81

* 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.


SBI Leasing Services Co Accounts Receivable Related Terms

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SBI Leasing Services Co (TSE:5834) Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Roppongi, Izumi Garden Tower 14th floor, Minato-ku, Tokyo, JPN
SBI Leasing Services Co Ltd offers Japanese-style operating lease products that invest in real assets such as aircraft and ships.

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