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Komeri Co (TSE:8218) Accounts Receivable : 円26,226 Mil (As of Dec. 2023)


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What is Komeri Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Komeri Co's accounts receivables for the quarter that ended in Dec. 2023 was 円26,226 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Komeri Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 24.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Komeri Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-584.34.


Komeri Co Accounts Receivable Historical Data

The historical data trend for Komeri 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.

Komeri Co Accounts Receivable Chart

Komeri 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 19,821.00 20,935.00 23,232.00 25,527.00 27,428.00

Komeri 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 25,527.00 25,522.00 25,297.00 26,226.00 27,428.00

Komeri Co Accounts Receivable Calculation

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


Komeri 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.

Komeri 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
=26226/95787*91
=24.98

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

Komeri 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)
=(18314+0.75 * 26226+0.5 * 116515-124196
-0-0)/47.84
=-584.34

* 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.


Komeri Co Accounts Receivable Related Terms

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Komeri Co (TSE:8218) Business Description

Traded in Other Exchanges
N/A
Address
Shimizu 4501-1, Minami-ku, Niigata city, JPN, 950-1492
Komeri Co Ltd is a Japanese company operating a chain of home improvement stores. The firm organizes its activities into a home center unit and an other unit. The home center unit is composed of the Hard & Green, or the H&G, store brand. The hard merchandise includes hardware, general materials, and business materials, while the green merchandise includes gardening and agricultural goods. Home center also provides household goods, office and leisure goods, and kerosene. The other unit is further divided into logistics, information technology, credit cards, and other businesses. The majority of the company's revenue is derived from the hardware, general materials, and building materials product line, followed by gardening and agricultural goods and household goods product lines.

Komeri Co (TSE:8218) Headlines

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