GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tomen Devices Corp (TSE:2737) » Definitions » Accounts Receivable

Tomen Devices (TSE:2737) Accounts Receivable : 円51,181 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Tomen Devices Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tomen Devices's accounts receivables for the quarter that ended in Dec. 2023 was 円51,181 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tomen Devices's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tomen Devices's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-614.06.


Tomen Devices Accounts Receivable Historical Data

The historical data trend for Tomen Devices'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.

Tomen Devices Accounts Receivable Chart

Tomen Devices 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 44,992.00 50,605.00 58,070.00 58,574.00 51,292.00

Tomen Devices 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 62,095.00 51,292.00 53,047.00 54,412.00 51,181.00

Tomen Devices Accounts Receivable Calculation

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


Tomen Devices 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=51181/83713*91
=55.79

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

Tomen Devices'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)
=(7974+0.75 * 51181+0.5 * 45486-73279
-0-0)/6.80104
=-614.06

* 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.


Tomen Devices Accounts Receivable Related Terms

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


Tomen Devices (TSE:2737) Business Description

Traded in Other Exchanges
N/A
Address
8-12, Harumi 1-chome, Chuo-ku, Tokyo, JPN, 104-6230
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.

Tomen Devices (TSE:2737) Headlines

No Headlines