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IN Holdings Co (TSE:132A) Accounts Receivable : 円1,238 Mil (As of Apr. 2023)


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What is IN Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IN Holdings Co's accounts receivables for the quarter that ended in Apr. 2023 was 円1,238 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IN Holdings Co's Days Sales Outstanding for the quarter that ended in Apr. 2023 was 53.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IN Holdings Co's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was 円-462.17.


IN Holdings Co Accounts Receivable Historical Data

The historical data trend for IN 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.

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IN Holdings Co Accounts Receivable Chart

IN Holdings Co Annual Data
Trend Oct22
Accounts Receivable
1,088.58

IN Holdings Co Semi-Annual Data
Oct22 Apr23
Accounts Receivable 1,088.58 1,237.62

IN Holdings Co Accounts Receivable Calculation

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


IN 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.

IN Holdings Co's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1237.624/4218.263*91
=53.54

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

IN Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(1399.579+0.75 * 1237.624+0.5 * 22.619-5999.465
-0-0)/7.920
=-462.17

* 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.


IN Holdings Co Accounts Receivable Related Terms

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IN Holdings Co (TSE:132A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831
IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.

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