GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minami Acoustics Ltd (SZSE:301383) » Definitions » Accounts Receivable

Minami Acoustics (SZSE:301383) Accounts Receivable : ¥344 Mil (As of Mar. 2025)


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

What is Minami Acoustics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Minami Acoustics's accounts receivables for the quarter that ended in Mar. 2025 was ¥344 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Minami Acoustics's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 71.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Minami Acoustics's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥4.65.


Minami Acoustics Accounts Receivable Historical Data

The historical data trend for Minami Acoustics'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.

Minami Acoustics Accounts Receivable Chart

Minami Acoustics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 347.76 - 274.00 458.21 433.58

Minami Acoustics Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 364.47 485.80 581.86 433.58 343.54

Minami Acoustics Accounts Receivable Calculation

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


Minami Acoustics 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.

Minami Acoustics's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=343.537/435.684*91
=71.95

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

Minami Acoustics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(921.49+0.75 * 343.537+0.5 * 303.419-573.808
-0-0.05)/162.870
=4.65

* 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.


Minami Acoustics Accounts Receivable Related Terms

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


Minami Acoustics Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Baokuang Road, Shangou Industrial Zone, Yudu County, Jiangxi, Ganzhou, CHN, 342300
Minami Acoustics Ltd focuses on the research & development, production and sales of electroacoustic components and accessories, and has production and manufacturing bases in Zhongshan, Yudu and Malaysia respectively. The main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and vehicle-mounted electroacoustic products, and health acoustic products.

Minami Acoustics Headlines

No Headlines