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Aida Sekkei Co (TSE:2990) Accounts Receivable : 円1,048 Mil (As of Sep. 2023)


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What is Aida Sekkei Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aida Sekkei Co's accounts receivables for the quarter that ended in Sep. 2023 was 円1,048 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aida Sekkei Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 7.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aida Sekkei Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was 円-683.47.


Aida Sekkei Co Accounts Receivable Historical Data

The historical data trend for Aida Sekkei 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.

Aida Sekkei Co Accounts Receivable Chart

Aida Sekkei Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
- - 603.88 1,360.00 1,190.00

Aida Sekkei Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - 1,360.00 - 1,190.00 1,048.00

Aida Sekkei Co Accounts Receivable Calculation

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


Aida Sekkei 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.

Aida Sekkei Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1048/25939*91
=7.37

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

Aida Sekkei Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(8852+0.75 * 1048+0.5 * 44263-56895
-0-0)/36.7615
=-683.47

* 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.


Aida Sekkei Co Accounts Receivable Related Terms

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Aida Sekkei Co (TSE:2990) Business Description

Traded in Other Exchanges
N/A
Address
2-286 Sakuragicho, Omiya-ku, Saitama Prefecture, Saitama, JPN, 330-0854
Aida Sekkei Co Ltd is engaged in the sales and construction of pre-build homes and custom build homes.

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