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Fukuoka Financial Group (Fukuoka Financial Group) Accounts Receivable : $0 Mil (As of Dec. 2023)


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What is Fukuoka Financial Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fukuoka Financial Group's accounts receivables for the quarter that ended in Dec. 2023 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fukuoka Financial Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fukuoka Financial Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-847.91.


Fukuoka Financial Group Accounts Receivable Historical Data

The historical data trend for Fukuoka Financial 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.

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Fukuoka Financial Group Accounts Receivable Chart

Fukuoka Financial Group Annual Data
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Fukuoka Financial Group Quarterly Data
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Fukuoka Financial Group Accounts Receivable Calculation

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


Fukuoka Financial 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.

Fukuoka Financial 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
=0/461.733*91
=0.00

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

Fukuoka Financial 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)
=(60626.664+0.75 * 0+0.5 * 0-220911.513
-0-9.293)/189.046
=-847.91

* 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.


Fukuoka Financial Group Accounts Receivable Related Terms

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Fukuoka Financial Group (Fukuoka Financial Group) Business Description

Traded in Other Exchanges
Address
1-8-3, Otemon, Chuo-ku, Fukuoka, JPN, 810-8693
Fukuoka Financial Group is a Japan-based financial holding company that is principally engaged in banking business through its subsidiaries, including the Bank of Fukuoka, the Kumamoto Bank, and the Shinwa Bank. The company conducts its core business (banking) through a branch network in Japan and overseas markets, including China, Thailand, Singapore, and the United States. The company also conducts other businesses, such as a securities business, an office work agent business, a loan guarantee business, a credit card business, a collateral valuation business, a consulting business, investments and loans, and others. The company generates the majority of its operating income from Japan.

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