Sony Group (Sony Group) Accounts Receivable

: $16,739 Mil (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sony Group's accounts receivables for the quarter that ended in Dec. 2023 was $16,739 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sony Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 58.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sony Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-119.13.

Sony Group Accounts Receivable Historical Data

The historical data trend for Sony Group'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.

Sony Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

Get a 7-Day Free Trial

11,092.82

12,562.14

13,733.82

13,301.53

Sony Group 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															14,668.41	13,301.53	13,379.48	14,669.12	16,738.54

Sony Group Accounts Receivable Calculation

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

Sony Group 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16738.539	/	26027.837	*	91
=	58.68

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

Sony Group'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)
=	(18104.923	+	0.75 * 16738.539	+	0.5 * 11320.107	-	181793.578
-	0	-	1115.06)	/	1230.48
=	-119.13

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.

Sony Group Accounts Receivable Related Terms

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

Sony Group (Sony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sony Group Corp (NYSE:SONY) » Definitions » Accounts Receivable

Traded in Other Exchanges

SNEJF:USA SONY:Mexico 6758:Japan SON1:Germany SNEC34:Brazil SON1:Austria

Address

7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.sony.com

Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.