GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Paint Holdings Co Ltd (OTCPK:NPCPF) » Definitions » Accounts Receivable

Nippon Paint Holdings Co (Nippon Paint Holdings Co) Accounts Receivable : $2,558 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nippon Paint Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nippon Paint Holdings Co's accounts receivables for the quarter that ended in Mar. 2024 was $2,558 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nippon Paint Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 90.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nippon Paint Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.01.


Nippon Paint Holdings Co Accounts Receivable Historical Data

The historical data trend for Nippon Paint Holdings 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.

Nippon Paint Holdings Co Accounts Receivable Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,950.89 2,235.12 2,344.74 2,307.42 2,208.20

Nippon Paint Holdings 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 2,577.11 2,580.20 2,663.45 2,208.20 2,557.85

Nippon Paint Holdings Co Accounts Receivable Calculation

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


Nippon Paint Holdings 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.

Nippon Paint Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2557.847/2565.229*91
=90.99

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

Nippon Paint Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(2402.919+0.75 * 2557.847+0.5 * 1282.798-9590.592
-0-81.599)/2348.66
=-2.01

* 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.


Nippon Paint Holdings Co Accounts Receivable Related Terms

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


Nippon Paint Holdings Co (Nippon Paint Holdings Co) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.

Nippon Paint Holdings Co (Nippon Paint Holdings Co) Headlines