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NPC (TSE:6255) Accounts Receivable : 円1,152 Mil (As of Feb. 2024)


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What is NPC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NPC's accounts receivables for the quarter that ended in Feb. 2024 was 円1,152 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NPC's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 36.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NPC's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円95.20.


NPC Accounts Receivable Historical Data

The historical data trend for NPC'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.

NPC Accounts Receivable Chart

NPC Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,221.08 2,245.99 570.25 508.07 1,248.95

NPC Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,531.66 422.84 1,248.95 458.88 1,151.63

NPC Accounts Receivable Calculation

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


NPC 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.

NPC's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1151.629/2860.395*91
=36.74

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

NPC's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(4662.342+0.75 * 1151.629+0.5 * 4476.027-5711.96
-0-0)/21.5558
=95.20

* 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.


NPC Accounts Receivable Related Terms

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NPC (TSE:6255) Business Description

Traded in Other Exchanges
Address
1-7-15 Higashi-ueno, Taito-ku, Tokyo, JPN, 110-0015
NPC Inc is a Japan-based company primarily engaged in the photovoltaic manufacturing equipment business. The products offered by the company include photovoltaic module manufacturing equipment such as cell tester, tabbing and stringing machine, layup machine, module laminator, module tester, laser inspection machine and other machines. It also offers comprehensive service for equipment for reuse. In addition, the group offers sealing and other vacuum packing machines to the users in various industries. It provides contract assembly service for PV modules by utilizing its own module manufacturing assembly line.

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