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Soliton Systems KK (TSE:3040) Accounts Receivable : 円2,599 Mil (As of Mar. 2024)


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What is Soliton Systems KK Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Soliton Systems KK's accounts receivables for the quarter that ended in Mar. 2024 was 円2,599 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Soliton Systems KK's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 51.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Soliton Systems KK's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円269.17.


Soliton Systems KK Accounts Receivable Historical Data

The historical data trend for Soliton Systems KK'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.

Soliton Systems KK Accounts Receivable Chart

Soliton Systems KK Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,972.00 2,516.00 2,739.00 2,653.00 2,657.00

Soliton Systems KK 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 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 2,680.00 1,920.00 2,503.00 2,657.00 2,599.00

Soliton Systems KK Accounts Receivable Calculation

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


Soliton Systems KK 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.

Soliton Systems KK's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2599/4575*91
=51.84

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

Soliton Systems KK'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)
=(13087+0.75 * 2599+0.5 * 801-10435
-0-14)/18.5299
=269.17

* 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.


Soliton Systems KK Accounts Receivable Related Terms

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Soliton Systems KK (TSE:3040) Business Description

Traded in Other Exchanges
N/A
Address
2-4-3 Shinjuku, Shinjuku-ku, Tokyo, JPN
Soliton Systems K.K is engaged in IT security business, Video communication business, and Eco-device business. The IT security business involves the development and sale of products such as information leakage countermeasure, login authentication by electronic certificate, big data recording, cybersecurity measures, enterprise cloud service, and enterprise network integration. The Video communication business involves development and sales of "Smart-telecaster", a high-quality real-time image transmission system using mobile lines and Eco-device business engages in the development and sales of analog / digital mixed semiconductor devices and embedded systems.

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