GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pola Orbis Holdings Inc (OTCPK:PORBF) » Definitions » Accounts Receivable

Pola Orbis Holdings (Pola Orbis Holdings) Accounts Receivable : $111 Mil (As of Mar. 2024)


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

What is Pola Orbis Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pola Orbis Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $111 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pola Orbis Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pola Orbis Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $1.29.


Pola Orbis Holdings Accounts Receivable Historical Data

The historical data trend for Pola Orbis Holdings'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.

Pola Orbis Holdings Accounts Receivable Chart

Pola Orbis Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.20 172.99 154.13 132.06 123.77

Pola Orbis Holdings 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 127.37 114.47 107.48 123.77 110.51

Pola Orbis Holdings Accounts Receivable Calculation

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


Pola Orbis Holdings 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.

Pola Orbis Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=110.507/272.903*91
=36.95

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

Pola Orbis Holdings'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)
=(390.699+0.75 * 110.507+0.5 * 115.099-243.147
-0-2.209)/221.251
=1.29

* 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.


Pola Orbis Holdings Accounts Receivable Related Terms

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


Pola Orbis Holdings (Pola Orbis Holdings) Business Description

Traded in Other Exchanges
Address
2-2-3 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Pola Orbis Holdings Inc is a beauty and health company. The company has a multibrand and multichannel strategy, being engaged in mail-order sales (online and catalog) and retail-store sales. The business divisions comprise the beauty care business, the real estate business, and others. The beauty care business, generating more than 90% of sales, has two main brands--Pola and Orbis--which are sold internationally. The real estate business leases office buildings, while the others segment is engaged in development of pharmaceutical and dermatological products.

Pola Orbis Holdings (Pola Orbis Holdings) Headlines