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Brother Industries (Brother Industries) Accounts Receivable : $855 Mil (As of Dec. 2023)


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What is Brother Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brother Industries's accounts receivables for the quarter that ended in Dec. 2023 was $855 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brother Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 52.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brother Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $6.84.


Brother Industries Accounts Receivable Historical Data

The historical data trend for Brother Industries'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.

Brother Industries Accounts Receivable Chart

Brother Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 913.21 882.97 856.08 865.97 922.16

Brother Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 924.16 922.16 863.61 862.42 855.17

Brother Industries Accounts Receivable Calculation

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


Brother Industries 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.

Brother Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=855.172/1480.28*91
=52.72

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

Brother Industries'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)
=(975.771+0.75 * 855.172+0.5 * 1469.543-1476.794
-0-0.458)/127.8
=6.84

* 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.


Brother Industries Accounts Receivable Related Terms

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Brother Industries (Brother Industries) Business Description

Traded in Other Exchanges
Address
15-1, Naeshiro-cho, Mizuho-ku, Nagoya, JPN, 467-8561
Brother Industries Ltd is engaged in the manufacture and sale of office equipment and supplies. The company offers products such as printing equipment, home sewing machines, industrial sewing machines, machine tools, and online karaoke/content-delivery systems. The group consists of five segments, Printing and Solutions; Personal and Home; Machinery and Solution; Network and Contents; and Industrial Part.

Brother Industries (Brother Industries) Headlines

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