GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taisei Corp (OTCPK:TISCY) » Definitions » Accounts Receivable

Taisei (Taisei) Accounts Receivable : $5,376 Mil (As of Dec. 2023)


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

What is Taisei Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taisei's accounts receivables for the quarter that ended in Dec. 2023 was $5,376 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taisei's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 173.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taisei's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.21.


Taisei Accounts Receivable Historical Data

The historical data trend for Taisei'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.

Taisei Accounts Receivable Chart

Taisei 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 4,876.62 5,712.38 4,966.34 4,854.21 5,152.97

Taisei 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 4,334.77 5,152.97 4,240.40 4,229.19 5,375.94

Taisei Accounts Receivable Calculation

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


Taisei 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5375.941/2835.017*91
=173.03

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

Taisei'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)
=(1357.292+0.75 * 5375.941+0.5 * 2079.684-8603.578
-0-208.055)/741.374
=-3.21

* 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.


Taisei Accounts Receivable Related Terms

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


Taisei (Taisei) Business Description

Traded in Other Exchanges
Address
Shinjuku Center Building, 1-25-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0606
Taisei Corp provides civil engineering and building development services in many different areas. It enters contracts to develop and enhance urbanization in designated regions. The company has four operating segments: civil engineering (majority of total revenue), building construction, real estate development, and other. It participates in all phases of project development, including planning, design, construction, and aftermarket services. Multiple projects are conducted simultaneously as the company showcases its expansive network and technical know-how. Taisei's projects range from traffic infrastructure and tunnels to airport facilities and high-rise building offices. Customers in Japan account for majority of total sales.

Taisei (Taisei) Headlines

No Headlines