Panasonic Manufacturing Philippines (PHS:PMPC) Accounts Receivable : ₱1,898 Mil (As of Dec. 2023)

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What is Panasonic Manufacturing Philippines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Panasonic Manufacturing Philippines's accounts receivables for the quarter that ended in Dec. 2023 was ₱1,898 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Panasonic Manufacturing Philippines's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Panasonic Manufacturing Philippines's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₱4.82.

Panasonic Manufacturing Philippines Accounts Receivable Historical Data

The historical data trend for Panasonic Manufacturing Philippines'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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Panasonic Manufacturing Philippines Accounts Receivable Chart

Panasonic Manufacturing Philippines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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1,592.96

1,328.28

1,386.07

1,696.07

1,759.24

Panasonic Manufacturing Philippines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															1,528.85	1,759.24	1,611.26	1,387.13	1,898.14

Panasonic Manufacturing Philippines Accounts Receivable Calculation

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

Panasonic Manufacturing Philippines 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.

Panasonic Manufacturing Philippines's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1898.141	/	3099.454	*	91
=	55.88

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

Panasonic Manufacturing Philippines'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)
=	(3489.997	+	0.75 * 1898.141	+	0.5 * 1972.875	-	3791.097
-	0	-	72.964)	/	422.718
=	4.82

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.

Panasonic Manufacturing Philippines Accounts Receivable Related Terms

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Panasonic Manufacturing Philippines (PHS:PMPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Manufacturing Philippines Corp (PHS:PMPC) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920

Website

https://www.panasonic.com/ph

Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.

Panasonic Manufacturing Philippines (PHS:PMPC) Headlines

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