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Okayama Paper Industries Co (TSE:3892) Accounts Receivable : 円4,861 Mil (As of Nov. 2024)


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What is Okayama Paper Industries Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Okayama Paper Industries Co's accounts receivables for the quarter that ended in Nov. 2024 was 円4,861 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Okayama Paper Industries Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was 円1,099.39.


Okayama Paper Industries Co Accounts Receivable Historical Data

The historical data trend for Okayama Paper Industries 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.

Okayama Paper Industries Co Accounts Receivable Chart

Okayama Paper Industries Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,162.36 2,735.46 2,890.11 2,702.58 2,660.66

Okayama Paper Industries Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 4,614.65 4,505.90 4,639.87 2,660.66 4,861.05

Okayama Paper Industries Co Accounts Receivable Calculation

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


Okayama Paper Industries 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.

Okayama Paper Industries Co's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4861.045/0*91
=

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

Okayama Paper Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(6210.906+0.75 * 4861.045+0.5 * 762.44-5137.823
-0-0)/4.639
=1,099.39

* 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.


Okayama Paper Industries Co Accounts Receivable Related Terms

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Okayama Paper Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.

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