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Frontier (FSE:4250) Accounts Receivable : 円111 Mil (As of May. 2024)


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What is Frontier Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frontier's accounts receivables for the quarter that ended in May. 2024 was 円111 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frontier's Days Sales Outstanding for the quarter that ended in May. 2024 was 27.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frontier's Net-Net Working Capital per share for the quarter that ended in May. 2024 was 円227.31.


Frontier Accounts Receivable Historical Data

The historical data trend for Frontier'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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Frontier Accounts Receivable Chart

Frontier Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial 146.06 153.52 243.61 195.96 236.53

Frontier Quarterly Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 181.10 131.43 236.53 168.77 110.64

Frontier Accounts Receivable Calculation

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


Frontier 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.

Frontier's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=110.638/360.93*91
=27.97

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

Frontier's Net-Net Working Capital Per Share for the quarter that ended in May. 2024 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)
=(336.733+0.75 * 110.638+0.5 * 288.325-405.986
-0-0)/0.6946
=227.31

* 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.


Frontier Accounts Receivable Related Terms

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Frontier Business Description

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Traded in Other Exchanges
N/A
Address
134-5 Kushigahama, Yamaguchi-ken, Shunan, JPN, 745-0805
Frontier Inc is engaged in manufacturing of vehicle accessories like side visor, car mat.

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