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Chugoku Electric Power Co (TSE:9504) Accounts Receivable : 円109,885 Mil (As of Dec. 2023)


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What is Chugoku Electric Power Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chugoku Electric Power Co's accounts receivables for the quarter that ended in Dec. 2023 was 円109,885 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chugoku Electric Power Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 27.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chugoku Electric Power Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-8,575.10.


Chugoku Electric Power Co Accounts Receivable Historical Data

The historical data trend for Chugoku Electric Power 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.

Chugoku Electric Power Co Accounts Receivable Chart

Chugoku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128,572.00 136,763.00 104,747.00 123,314.00 114,718.00

Chugoku Electric Power 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 123,314.00 109,820.00 121,092.00 109,885.00 114,718.00

Chugoku Electric Power Co Accounts Receivable Calculation

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


Chugoku Electric Power 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.

Chugoku Electric Power 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
=109885/363281*91
=27.60

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

Chugoku Electric Power 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)
=(332815+0.75 * 109885+0.5 * 93710-3542756
-0-8475)/360.246
=-8,575.10

* 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.


Chugoku Electric Power Co Accounts Receivable Related Terms

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Chugoku Electric Power Co (TSE:9504) Business Description

Traded in Other Exchanges
Address
4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701
Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

Chugoku Electric Power Co (TSE:9504) Headlines

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