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Marui Group Co (FRA:MUI) Accounts Receivable : €3,496 Mil (As of Dec. 2023)


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What is Marui Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marui Group Co's accounts receivables for the quarter that ended in Dec. 2023 was €3,496 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marui Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 858.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marui Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-11.29.


Marui Group Co Accounts Receivable Historical Data

The historical data trend for Marui Group Co'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.

Marui Group Co Accounts Receivable Chart

Marui Group Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,542.11 3,335.08 3,540.57 3,397.88 3,023.23

Marui Group Co 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 3,397.88 3,282.27 3,293.38 3,496.10 3,023.23

Marui Group Co Accounts Receivable Calculation

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


Marui Group Co 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3496.104/371.63*91
=858.43

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

Marui Group Co'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)
=(410.003+0.75 * 3496.104+0.5 * 3.84-5153.871
-0-1.446)/187.847
=-11.29

* 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.


Marui Group Co Accounts Receivable Related Terms

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Marui Group Co (FRA:MUI) Business Description

Traded in Other Exchanges
Address
4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701
Marui Group Co Ltd operates group companies engaged in retail business and fintech business. It operates through two segments namely Retailing and Fintech. The Retailing segment engages in the management of commercial property rental, retailing operations of clothes and accessories, space production, advertising, apparel distribution, and management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental.