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CONEXIO (TSE:9422) Accounts Receivable : 円20,387 Mil (As of Dec. 2022)


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What is CONEXIO Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CONEXIO's accounts receivables for the quarter that ended in Dec. 2022 was 円20,387 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CONEXIO's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 38.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CONEXIO's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was 円-126.86.


CONEXIO Accounts Receivable Historical Data

The historical data trend for CONEXIO'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.

CONEXIO Accounts Receivable Chart

CONEXIO Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48,934.00 49,285.00 40,380.00 29,038.00 27,996.00

CONEXIO Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 21,526.00 27,996.00 18,414.00 19,264.00 20,387.00

CONEXIO Accounts Receivable Calculation

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


CONEXIO 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.

CONEXIO's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20387/48655*91
=38.23

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

CONEXIO's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(19199+0.75 * 20387+0.5 * 7969-44149
-0-0)/44.7377
=-126.86

* 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.


CONEXIO Accounts Receivable Related Terms

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CONEXIO (TSE:9422) Business Description

Traded in Other Exchanges
N/A
Address
8-17-1 Nishi-Shinjuku, 37th Floor, Sumitomo Realty & Development Shinjuku Grand Tower, Shinjuku-ku, Tokyo, JPN, 160-6137
CONEXIO Corp is involved in the business of retail of mobile phones and the provision of solution services using smartphones. Its business is divided into the Consumer business and Corporate business segments. The consumer business segment comprises the operation of certified shops and wholesale of mobile phones to electronics retailers. The corporate business segment consists of the arrangement of contracts between corporate customers and telecom carriers, the provision of after sales services, the sales of mobile phones and tablets and also sales of prepaid cards and the internet of things solutions.

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