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Toyo Seikan Group Holdings (TSE:5901) Accounts Receivable : 円256,574 Mil (As of Dec. 2023)


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What is Toyo Seikan Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toyo Seikan Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円256,574 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Toyo Seikan Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 96.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toyo Seikan Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-931.28.


Toyo Seikan Group Holdings Accounts Receivable Historical Data

The historical data trend for Toyo Seikan Group Holdings'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.

Toyo Seikan Group Holdings Accounts Receivable Chart

Toyo Seikan Group Holdings 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 192,926.00 191,607.00 200,106.00 229,221.00 248,148.00

Toyo Seikan Group Holdings 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 229,221.00 232,624.00 248,906.00 256,574.00 248,148.00

Toyo Seikan Group Holdings Accounts Receivable Calculation

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


Toyo Seikan Group Holdings 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.

Toyo Seikan Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=256574/241750*91
=96.85

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

Toyo Seikan Group Holdings'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)
=(89466+0.75 * 256574+0.5 * 195283-511026
-0-30147)/173.563
=-931.28

* 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.


Toyo Seikan Group Holdings Accounts Receivable Related Terms

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Toyo Seikan Group Holdings (TSE:5901) Business Description

Traded in Other Exchanges
Address
2-18-1 Higashi-Gotanda, Osaki Forest Building, Shinagawa-ku, Tokyo, JPN, 141-8640
Toyo Seikan Group Holdings is a holding company that, through its subsidiaries, manufactures and sells packaging, steel plates, functional materials, and packaging machinery. The company also has a logistics business that engages in motor truck transportation and warehouse operations, as well as a real estate business. The vast majority of revenue comes from the firm's packaging business, which sells metal cans, plastic containers, caps, bottles, paper containers, and aerosol products. The packaging business also sells equipment that shapes and manufactures packaging products. The vast majority of revenue comes from Japan.

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