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Eiken Industries Co (TSE:7265) Accounts Receivable : 円1,063 Mil (As of Jan. 2024)


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What is Eiken Industries Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eiken Industries Co's accounts receivables for the quarter that ended in Jan. 2024 was 円1,063 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eiken Industries Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 55.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eiken Industries Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円1,189.36.


Eiken Industries Co Accounts Receivable Historical Data

The historical data trend for Eiken Industries 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.

Eiken Industries Co Accounts Receivable Chart

Eiken Industries Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,195.34 1,201.10 1,365.47 1,344.15 1,128.67

Eiken Industries Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,143.69 1,291.58 1,050.77 1,128.67 1,062.71

Eiken Industries Co Accounts Receivable Calculation

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


Eiken Industries 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.

Eiken Industries Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1062.705/1743.236*91
=55.63

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

Eiken Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(1360.942+0.75 * 1062.705+0.5 * 1160.13-1532.329
-0-0)/1.01374
=1,189.36

* 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.


Eiken Industries Co Accounts Receivable Related Terms

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Eiken Industries Co (TSE:7265) Business Description

Traded in Other Exchanges
N/A
Address
1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698
Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

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