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Arnest One (TSE:8895) Accounts Receivable : 円0 Mil (As of Dec. 2013)


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What is Arnest One Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arnest One's accounts receivables for the quarter that ended in Dec. 2013 was 円0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arnest One's Days Sales Outstanding for the quarter that ended in Dec. 2013 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arnest One's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was 円309.99.


Arnest One Accounts Receivable Historical Data

The historical data trend for Arnest One'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.

Arnest One Accounts Receivable Chart

Arnest One Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 64.00 96.00 115.00 93.00 206.00

Arnest One Quarterly Data
Mar05 Mar06 Mar07 Mar08 Mar10 Mar11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - 206.00 - - -

Arnest One Accounts Receivable Calculation

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


Arnest One 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.

Arnest One's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/56088*91
=0.00

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

Arnest One's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 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)
=(20183+0.75 * 0+0.5 * 89003-44322
-0-0)/65.687
=309.99

* 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.


Arnest One Accounts Receivable Related Terms

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Arnest One (TSE:8895) Business Description

Traded in Other Exchanges
N/A
Address
3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003
Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

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