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Japan Pure Chemical Co (TSE:4973) Accounts Receivable : 円1,021 Mil (As of Dec. 2023)


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What is Japan Pure Chemical Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Pure Chemical Co's accounts receivables for the quarter that ended in Dec. 2023 was 円1,021 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Pure Chemical Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 34.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Pure Chemical Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円784.72.


Japan Pure Chemical Co Accounts Receivable Historical Data

The historical data trend for Japan Pure 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.

* Premium members only.

Japan Pure Chemical Co Accounts Receivable Chart

Japan Pure Chemical Co 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 1,432.43 1,828.15 2,508.21 2,926.31 1,131.04

Japan Pure Chemical Co 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 2,182.50 1,131.04 1,113.15 1,271.83 1,021.44

Japan Pure Chemical Co Accounts Receivable Calculation

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


Japan Pure 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.

Japan Pure Chemical Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1021.441/2679.052*91
=34.79

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

Japan Pure Chemical Co'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)
=(5950.125+0.75 * 1021.441+0.5 * 542.517-2474.631
-0-0)/5.75091
=784.72

* 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.


Japan Pure Chemical Co Accounts Receivable Related Terms

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Japan Pure Chemical Co (TSE:4973) Business Description

Traded in Other Exchanges
N/A
Address
3-10-18 Kitamachi, Nerima-ku, Tokyo, JPN, 179-0081
Japan Pure Chemical Co Ltd develops, manufactures, and sells precious metal plating chemicals for electronic devices in Japan. It offers gold electroplating formulation for semiconductor applications such as connector and soldering uses; and palladium electroplating formulation for the connector, lead frame, and decorative uses. The firm also provides a gold coating for soldering and wire bonding; electroless palladium plating formulation for wire bonding and soldering uses; and silver plating formulations. In addition, it offers strike gold plating formulation that enhances the adherence of plated coatings.

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