Sekisui Chemical Co (Sekisui Chemical Co) Accounts Receivable : $1,415 Mil (As of Mar. 2024)

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What is Sekisui Chemical Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sekisui Chemical Co's accounts receivables for the quarter that ended in Mar. 2024 was $1,415 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sekisui Chemical Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 58.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sekisui Chemical Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-6.67.

Sekisui Chemical Co Accounts Receivable Historical Data

The historical data trend for Sekisui Chemical 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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Sekisui Chemical Co Accounts Receivable Chart

Sekisui Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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1,250.97

1,569.76

1,566.46

1,434.79

1,414.86

Sekisui Chemical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,434.79	1,282.37	1,354.59	1,381.85	1,414.86

Sekisui Chemical Co Accounts Receivable Calculation

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

Sekisui Chemical 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.

Sekisui Chemical Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1414.864	/	2220.065	*	91
=	58.15

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

Sekisui Chemical Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(924.932	+	0.75 * 1414.864	+	0.5 * 1990.621	-	3352.848
-	0	-	190.864)	/	84.2771
=	-6.67

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.

Sekisui Chemical Co Accounts Receivable Related Terms

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Sekisui Chemical Co (Sekisui Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sekisui Chemical Co Ltd (OTCPK:SKSUY) » Definitions » Accounts Receivable

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Traded in Other Exchanges

SKSUF:USA 4204:Japan SUI:Germany

Address

4-4, Nishitenma 2-Chome, Kita-ku, Osaka, JPN, 530-8565

Website

http://www.sekisui.co.jp

Sekisui Chemical Co., Ltd. is a Japanese diversified holding company that owns a high-performance-plastics company, a residential construction company, and an urban infrastructure company. The plastics part of the business focuses on the production of materials for electronics, transportation, and buildings. The residential construction segment builds single-family and multiunit housing in Japan. The company's unit construction method allows prebuilt modular components to be assembled at various plants, which reduces construction time on-site. Sekisui's urban infrastructure products and industrial piping are used in mass transit and buildings. High-performance plastics and residential construction account for the majority of the company's revenue.

Sekisui Chemical Co (Sekisui Chemical Co) Headlines

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