GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sagami Holdings Corp (TSE:9900) » Definitions » Accounts Receivable

Sagami Holdings (TSE:9900) Accounts Receivable : 円971 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Sagami Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sagami Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円971 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sagami Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sagami Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円105.22.


Sagami Holdings Accounts Receivable Historical Data

The historical data trend for Sagami Holdings'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.

Sagami Holdings Accounts Receivable Chart

Sagami Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 336.35 344.44 487.90 580.61 693.27

Sagami Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 803.35 693.27 577.20 706.79 971.27

Sagami Holdings Accounts Receivable Calculation

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


Sagami Holdings 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.

Sagami Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=971.265/7915.807*91
=11.20

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

Sagami Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(9924.937+0.75 * 971.265+0.5 * 816.878-7889.264
-0-0)/30.1531
=105.22

* 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.


Sagami Holdings Accounts Receivable Related Terms

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


Sagami Holdings (TSE:9900) Business Description

Traded in Other Exchanges
Address
1-1709 Moritaka, Moriyama-ku, Aichi, Nagoya, JPN, 463-8535
Sagami Holdings Corp is a Japan-based company operating in the food service industry. It engages in developing Japanese-style and noodle restaurant chains in Kansai, Kanto, and Hokuriku centering on the Tokai area. It operates chain restaurants under brand name Sagami and Ajino-Mingei. It offers Japanese dishes including Soba, Udon, Kishimen, Sukiyaki set, and Nagoya-Meshi. Sagami also has overseas operations in Thailand, Vietnam, Italy, and Brazil.

Sagami Holdings (TSE:9900) Headlines

No Headlines