GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NOMURA Co Ltd (TSE:9716) » Definitions » Accounts Receivable

NOMURA Co (TSE:9716) Accounts Receivable : 円36,731 Mil (As of Nov. 2023)


View and export this data going back to 1991. Start your Free Trial

What is NOMURA Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NOMURA Co's accounts receivables for the quarter that ended in Nov. 2023 was 円36,731 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NOMURA Co's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 94.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NOMURA Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was 円203.38.


NOMURA Co Accounts Receivable Historical Data

The historical data trend for NOMURA 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.

NOMURA Co Accounts Receivable Chart

NOMURA Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,576.00 20,859.00 19,480.00 31,823.00 37,189.00

NOMURA Co 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 31,823.00 23,666.00 30,883.00 36,731.00 37,189.00

NOMURA Co Accounts Receivable Calculation

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


NOMURA 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.

NOMURA Co's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=36731/35583*91
=94.19

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

NOMURA Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(30913+0.75 * 36731+0.5 * 1547-36584
-0-0)/111.373
=203.38

* 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.


NOMURA Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of NOMURA Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


NOMURA Co (TSE:9716) Business Description

Traded in Other Exchanges
N/A
Address
2-3-4 Daiba, Minato-ku, Tokyo, JPN, 135-8622
Nomura is a Japan-based company that is mainly engaged in the display business. The company provides consultancy, planning, designing, layout, creation, and construction services to help facilities attract visitors. In addition, it provides revitalization, operation, and management services for facilities and events. The facilities and event types that Nomura serves comprise retail shops, restaurants, medical facilities, department stores, commercial complexes, showrooms, company museums, museums, archives, art galleries, hotels, wedding halls, theme parks, amusement parks, sports facilities, sales promotion exhibitions and campaigns, expos, trade fairs, conference events, and so on. The company generates most of its sales from the Japanese domestic market.

NOMURA Co (TSE:9716) Headlines

No Headlines