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Narumiya International Co (TSE:9275) Accounts Receivable : 円2,527 Mil (As of Feb. 2024)


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What is Narumiya International Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Narumiya International Co's accounts receivables for the quarter that ended in Feb. 2024 was 円2,527 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Narumiya International Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 20.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Narumiya International Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-181.66.


Narumiya International Co Accounts Receivable Historical Data

The historical data trend for Narumiya International 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.

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Narumiya International Co Accounts Receivable Chart

Narumiya International Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial 2,607.97 2,813.65 2,377.20 2,221.45 2,527.14

Narumiya International Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 2,221.45 2,425.57 2,316.57 3,191.21 2,527.14

Narumiya International Co Accounts Receivable Calculation

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


Narumiya International 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.

Narumiya International Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2527.138/11096.189*91
=20.78

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

Narumiya International Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(2892.352+0.75 * 2527.138+0.5 * 3162.672-8152.559
-0-0)/9.81771
=-181.66

* 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.


Narumiya International Co Accounts Receivable Related Terms

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Narumiya International Co (TSE:9275) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Shibakouen, Minato-ku, Shiba Park, Building B, 9th Floor, Tokyo, JPN, 105-0011
Narumiya International Co Ltd is a Japanese company operating in the apparel industry. The company manufactures and sells children's clothing and related products including baby products. It operates more than 700 stores in Japan. Its brands include ANNA SUI Mini, Kate Spade New York, Mezzo piano, X Girl Stages, Extra Large Kids, Clade Scope, Pettimain, Beer room, Sense of Wonder, Love & Piece & Money, Baby Cheer, Kirin's Sophie, Pupil House, and many more.

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