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Totetsu Kogyo Co (TSE:1835) Accounts Receivable : 円77,807 Mil (As of Sep. 2024)


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What is Totetsu Kogyo Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Totetsu Kogyo Co's accounts receivables for the quarter that ended in Sep. 2024 was 円77,807 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Totetsu Kogyo Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 198.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Totetsu Kogyo Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was 円1,314.77.


Totetsu Kogyo Co Accounts Receivable Historical Data

The historical data trend for Totetsu Kogyo 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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Totetsu Kogyo Co Accounts Receivable Chart

Totetsu Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96,206.99 76,008.33 73,720.95 93,422.02 104,097.08

Totetsu Kogyo Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 69,479.31 85,373.14 104,097.08 - 77,807.26

Totetsu Kogyo Co Accounts Receivable Calculation

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


Totetsu Kogyo 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.

Totetsu Kogyo Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=77807.262/35782.056*91
=198.42

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

Totetsu Kogyo Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(21649.817+0.75 * 77807.262+0.5 * 8540.153-37890.401
-0-1113.38)/34.4331
=1,314.77

* 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.


Totetsu Kogyo Co Accounts Receivable Related Terms

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Totetsu Kogyo Co Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, JR Shinanomachi Building, 34 Shinanomachi, Shinjuku-ku, Tokyo, JPN, 160-8589
Totetsu Kogyo Co Ltd is a construction company. Its operating segments are Civil Engineering, Railway track maintenance, Architectural and Environmental segment. It undertakes various projects such as construction, renovation, reinforcement of elevated bridges and railway platform edge doors for passenger protection along with building new railway tracks for the Shinkansen, public and private sectors. The company is also engaged in construction and maintenance of station buildings for railway lines, apartment houses, office buildings, hotels, shops, and schools. Additionally, it also provides environmental technology and services, like construction of solar power generation systems, greening of buildings, and implementing energy conservation systems for air conditioning.

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