GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Accounts Receivable

Orix Jreit (TSE:8954) Accounts Receivable : 円1,370 Mil (As of Aug. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Orix Jreit Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Orix Jreit's accounts receivables for the quarter that ended in Aug. 2023 was 円1,370 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Orix Jreit's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 9.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Orix Jreit's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was 円-103,936.05.


Orix Jreit Accounts Receivable Historical Data

The historical data trend for Orix Jreit'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.

Orix Jreit Accounts Receivable Chart

Orix Jreit Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 911.00 1,291.00 1,090.00 1,306.00 1,370.00

Orix Jreit 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 1,193.00 1,306.00 1,258.00 1,370.00 -

Orix Jreit Accounts Receivable Calculation

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


Orix Jreit 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.

Orix Jreit's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1370/25697*91
=9.73

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

Orix Jreit'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)
=(42071+0.75 * 1370+0.5 * 0-329962
-0-0)/2.76
=-103,936.05

* 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.


Orix Jreit Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Orix Jreit's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Orix Jreit (TSE:8954) Business Description

Traded in Other Exchanges
N/A
Address
4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

Orix Jreit (TSE:8954) Headlines

No Headlines