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Strike Company (TSE:6196) Accounts Receivable : 円443 Mil (As of Mar. 2024)


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What is Strike Company Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strike Company's accounts receivables for the quarter that ended in Mar. 2024 was 円443 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Strike Company's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 7.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Strike Company's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円657.94.


Strike Company Accounts Receivable Historical Data

The historical data trend for Strike Company'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.

Strike Company Accounts Receivable Chart

Strike Company Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Sep22
Accounts Receivable
Get a 7-Day Free Trial 93.62 152.19 502.86 293.73 405.23

Strike Company Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 926.63 446.86 966.03 245.23 443.42

Strike Company Accounts Receivable Calculation

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


Strike Company 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.

Strike Company's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=443.417/5554.331*91
=7.28

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

Strike Company'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)
=(16420.322+0.75 * 443.417+0.5 * 0-4118.613
-0-0)/19.2028
=657.94

* 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.


Strike Company Accounts Receivable Related Terms

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Strike Company (TSE:6196) Business Description

Traded in Other Exchanges
N/A
Address
Rokubancho SK Building 5F, 3 Rokubancho, Chiyoda-ku, Tokyo, JPN, 102-0085
Strike Company Ltd is a Japan-based company mainly engaged in mergers and acquisitions (M&A) brokerage business. It primarily offers M&A intermediary advice, M&A mediation management, corporate value evaluation, corporate value improvement and financial consulting, due diligence work, corporate restoration support, corporate evaluation services and consulting services and various other related services.

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