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Green Cross Co (FSE:7533) Accounts Receivable : 円4,341 Mil (As of Apr. 2024)


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What is Green Cross Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Green Cross Co's accounts receivables for the quarter that ended in Apr. 2024 was 円4,341 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Green Cross Co's Days Sales Outstanding for the quarter that ended in Apr. 2024 was 64.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Green Cross Co's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was 円-544.50.


Green Cross Co Accounts Receivable Historical Data

The historical data trend for Green Cross 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.

Green Cross Co Accounts Receivable Chart

Green Cross Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,295.03 3,414.77 3,555.56 4,325.28 4,341.38

Green Cross Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 4,325.28 4,236.18 4,658.43 4,042.85 4,341.38

Green Cross Co Accounts Receivable Calculation

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


Green Cross 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.

Green Cross Co's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4341.382/6138.058*91
=64.54

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

Green Cross Co's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(4589.626+0.75 * 4341.382+0.5 * 3591.066-14387.56
-0-51.948)/8.81228
=-544.50

* 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.


Green Cross Co Accounts Receivable Related Terms

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Green Cross Co Business Description

Traded in Other Exchanges
N/A
Address
No. 34 No. 22 Ozasa 5-chome, Chuo-ku, Fukuoka, JPN
Green Cross Co.,Ltd. is a Japan-based company engages in the manufacture, sale, and rental of safety items. Its products include road safety materials, disaster prevention necessities, safety equipment, protection gear, and signboards and tags.

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