GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Japan Systembank Corp (NGO:5530) » Definitions » Accounts Receivable

Japan Systembank (NGO:5530) Accounts Receivable : 円462 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Japan Systembank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Systembank's accounts receivables for the quarter that ended in Jun. 2024 was 円462 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Systembank's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 19.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Systembank's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was 円-2,546.82.


Japan Systembank Accounts Receivable Historical Data

The historical data trend for Japan Systembank'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.

Japan Systembank Accounts Receivable Chart

Japan Systembank Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
348.07 345.60 338.73 461.86

Japan Systembank Quarterly Data
Jun21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 338.73 314.77 379.77 386.52 461.86

Japan Systembank Accounts Receivable Calculation

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


Japan Systembank 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.

Japan Systembank's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=461.857/2117.381*91
=19.90

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

Japan Systembank's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1395.275+0.75 * 461.857+0.5 * 100.198-4704
-0-0)/1.14348
=-2,546.82

* 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.


Japan Systembank Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Japan Systembank's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Systembank Business Description

Traded in Other Exchanges
N/A
Address
3-5-21 Chuo, Fukui Prefecture, Fukui, JPN, 910-0006
Japan Systembank Corp is engaged in the operation of coin parking, sales and maintenance of parking lot equipment.

Japan Systembank Headlines

No Headlines