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Canon Marketing Japan (TSE:8060) Accounts Receivable : 円111,649 Mil (As of Dec. 2023)


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What is Canon Marketing Japan Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canon Marketing Japan's accounts receivables for the quarter that ended in Dec. 2023 was 円111,649 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Canon Marketing Japan's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 61.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Canon Marketing Japan's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円545.60.


Canon Marketing Japan Accounts Receivable Historical Data

The historical data trend for Canon Marketing Japan'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.

Canon Marketing Japan Accounts Receivable Chart

Canon Marketing Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112,666.00 105,328.00 107,367.00 110,431.00 111,649.00

Canon Marketing Japan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 106,053.00 94,944.00 97,012.00 111,649.00 -

Canon Marketing Japan Accounts Receivable Calculation

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


Canon Marketing Japan 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111649/164923*91
=61.77

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

Canon Marketing Japan'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)
=(89690+0.75 * 111649+0.5 * 39824-121858
-0-729)/129.678
=545.60

* 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.


Canon Marketing Japan Accounts Receivable Related Terms

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Canon Marketing Japan (TSE:8060) Business Description

Traded in Other Exchanges
Address
Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011
Website
Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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