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Nipponnso Holdings (TSE:4091) Accounts Receivable : 円260,013 Mil (As of Dec. 2023)


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What is Nipponnso Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nipponnso Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円260,013 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nipponnso Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 75.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nipponnso Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-2,483.13.


Nipponnso Holdings Accounts Receivable Historical Data

The historical data trend for Nipponnso Holdings'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.

Nipponnso Holdings Accounts Receivable Chart

Nipponnso Holdings 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 197,952.00 179,243.00 182,077.00 218,480.00 243,541.00

Nipponnso Holdings 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 243,432.00 243,541.00 248,524.00 260,728.00 260,013.00

Nipponnso Holdings Accounts Receivable Calculation

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


Nipponnso Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=260013/316084*91
=75.06

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

Nipponnso Holdings'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)
=(229652+0.75 * 260013+0.5 * 107572-1522659
-0-30636)/432.859
=-2,483.13

* 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.


Nipponnso Holdings Accounts Receivable Related Terms

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Nipponnso Holdings (TSE:4091) Business Description

Traded in Other Exchanges
Address
Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558
Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

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