What is Dai-ichi Life Holdings Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dai-ichi Life Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円1,842,595 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Dai-ichi Life Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 78.70.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dai-ichi Life Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-61,737.59.
Dai-ichi Life Holdings Accounts Receivable Historical Data
The historical data trend for Dai-ichi Life 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.
Dai-ichi Life Holdings Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Dai-ichi Life 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.
Dai-ichi Life Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Dai-ichi Life Holdings's accounts receivable are only considered to be worth 75% of book value:
Dai-ichi Life Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Dai-ichi Life Holdings Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Dai-ichi Life Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Dai-ichi Life Holdings (TSE:8750) Business Description
Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:8750 has been successfully added to your 