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Japan Metropolitan Fund Investment (TSE:8953) Accounts Receivable : 円1,039 Mil (As of Aug. 2023)


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What is Japan Metropolitan Fund Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Metropolitan Fund Investment's accounts receivables for the quarter that ended in Aug. 2023 was 円1,039 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Metropolitan Fund Investment's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 4.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Metropolitan Fund Investment's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was 円-83,945.00.


Japan Metropolitan Fund Investment Accounts Receivable Historical Data

The historical data trend for Japan Metropolitan Fund Investment'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.

Japan Metropolitan Fund Investment Accounts Receivable Chart

Japan Metropolitan Fund Investment Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 720.26 692.21 1,003.61 1,047.10 1,092.39

Japan Metropolitan Fund Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 1,014.37 1,092.39 1,155.29 1,039.18 -

Japan Metropolitan Fund Investment Accounts Receivable Calculation

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


Japan Metropolitan Fund Investment 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.

Japan Metropolitan Fund Investment's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1039.176/41405.304*91
=4.58

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

Japan Metropolitan Fund Investment's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(37370.321+0.75 * 1039.176+0.5 * 0-624848.857
-0-0)/6.98909
=-83,945.00

* 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.


Japan Metropolitan Fund Investment Accounts Receivable Related Terms

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Japan Metropolitan Fund Investment (TSE:8953) Business Description

Traded in Other Exchanges
Address
Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

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