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Adastria Co (TSE:2685) Accounts Receivable : 円15,815 Mil (As of Feb. 2024)


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What is Adastria Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adastria Co's accounts receivables for the quarter that ended in Feb. 2024 was 円15,815 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adastria Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 19.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adastria Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-201.44.


Adastria Co Accounts Receivable Historical Data

The historical data trend for Adastria 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.

* Premium members only.

Adastria Co Accounts Receivable Chart

Adastria Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,954.00 9,751.00 9,878.00 12,171.00 15,815.00

Adastria Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 12,171.00 17,194.00 13,801.00 20,761.00 15,815.00

Adastria Co Accounts Receivable Calculation

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


Adastria 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.

Adastria Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15815/72344*91
=19.95

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

Adastria Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(23371+0.75 * 15815+0.5 * 26839-56336
-0-1437)/45.2792
=-201.44

* 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.


Adastria Co Accounts Receivable Related Terms

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Adastria Co (TSE:2685) Business Description

Traded in Other Exchanges
N/A
Address
10th Floor, Gran Tokyo South Tower, 1-9-2, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6610
Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

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