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Advance Logistics Investment (TSE:3493) Accounts Receivable : 円26 Mil (As of Feb. 2024)


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What is Advance Logistics Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advance Logistics Investment's accounts receivables for the quarter that ended in Feb. 2024 was 円26 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advance Logistics Investment's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 1.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advance Logistics Investment's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-84,986.50.


Advance Logistics Investment Accounts Receivable Historical Data

The historical data trend for Advance Logistics Investment'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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Advance Logistics Investment Accounts Receivable Chart

Advance Logistics Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Aug23
Accounts Receivable
68.95 60.98 47.11 36.54 31.71

Advance Logistics Investment Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Aug23 Feb24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.11 44.34 36.54 31.71 26.31

Advance Logistics Investment Accounts Receivable Calculation

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


Advance Logistics Investment 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.

Advance Logistics Investment's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.308/3728.255*91
=1.29

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

Advance Logistics Investment'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)
=(3539.129+0.75 * 26.308+0.5 * 0-60873.754
-0-0)/0.6744
=-84,986.50

* 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.


Advance Logistics Investment Accounts Receivable Related Terms

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Advance Logistics Investment (TSE:3493) Business Description

Traded in Other Exchanges
N/A
Address
1-105 Kanda-Jinbocho, 17th Floor, Jinbocho Mitsui Building, Chiyoda Ward, Tokyo, JPN
Advance Logistics Investment Corp is a Japanese real estate investment company. It is engaged in investing in logistics real estate.

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