GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meidensha Corp (OTCPK:MEIVF) » Definitions » Accounts Receivable

Meidensha (Meidensha) Accounts Receivable : $532 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Meidensha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meidensha's accounts receivables for the quarter that ended in Dec. 2023 was $532 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Meidensha's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 107.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Meidensha's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-12.93.


Meidensha Accounts Receivable Historical Data

The historical data trend for Meidensha'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.

Meidensha Accounts Receivable Chart

Meidensha 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 786.84 822.58 805.19 790.81 743.31

Meidensha 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 502.58 743.31 467.93 481.13 531.58

Meidensha Accounts Receivable Calculation

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


Meidensha 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=531.582/450.551*91
=107.66

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

Meidensha'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)
=(148.936+0.75 * 531.582+0.5 * 550.05-1388.942
-0-20.523)/45.3685
=-12.93

* 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.


Meidensha Accounts Receivable Related Terms

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


Meidensha (Meidensha) Business Description

Traded in Other Exchanges
Address
ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-6029
Meidensha Corp is a Japan-based conglomerate that operates through four segments. The company's social infrastructure systems segment, which accounts for the majority of the company's sales, is engaged in businesses related to social infrastructure such as power generation and electricity transmission. The industrial system segment supplies industrial components, dynamometer systems, automatic guided vehicles, and other industrial products to the general manufacturing industry. The maintenance and service segment provides maintaining services. The real estate segment is involved in real estate rentals. The company generates the majority of its sales from the Japanese domestic market.

Meidensha (Meidensha) Headlines

No Headlines