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Star Micronics Co (TSE:7718) Accounts Receivable : 円18,390 Mil (As of Mar. 2024)


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What is Star Micronics Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Star Micronics Co's accounts receivables for the quarter that ended in Mar. 2024 was 円18,390 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Star Micronics Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 120.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Star Micronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円1,136.62.


Star Micronics Co Accounts Receivable Historical Data

The historical data trend for Star Micronics 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.

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Star Micronics Co Accounts Receivable Chart

Star Micronics Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,390.56 14,295.77 18,553.33 22,749.94 18,594.77

Star Micronics Co 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 21,547.55 21,663.02 20,739.30 18,594.77 18,389.79

Star Micronics Co Accounts Receivable Calculation

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


Star Micronics 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.

Star Micronics Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18389.794/13920.077*91
=120.55

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

Star Micronics Co'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)
=(30608.986+0.75 * 18389.794+0.5 * 22423.404-13789.602
-0-99.995)/36.7084
=1,136.62

* 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.


Star Micronics Co Accounts Receivable Related Terms

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Star Micronics Co (TSE:7718) Business Description

Traded in Other Exchanges
Address
20-10 Nakayoshida, Suruga-ku, Shizuoka, JPN, 422-8654
Star Micronics Co Ltd is engaged in the manufacture and sale of machinery, electronic components, machine tools and precision parts. It operates with various segment namely; Special products segment which offers point-of-sale printers, Visual cards, Readers and Writers; Components segment produces and sells electronic buzzers, microphones, speakers, receivers and others; Machine Tools segment offers computer numeric control automatic lathes and others; and Precision Products segment produces and sells wristwatch parts, optical connector parts, automotive parts, medical parts and others. The company generates most of its revenue from the machine tools segment and it has business presence worldwide, including Japan, the United States, Europe, and other Asian areas.

Star Micronics Co (TSE:7718) Headlines

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