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Mobile Factory (TSE:3912) Accounts Receivable : 円386 Mil (As of Mar. 2024)


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What is Mobile Factory Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mobile Factory's accounts receivables for the quarter that ended in Mar. 2024 was 円386 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mobile Factory's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mobile Factory's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円288.11.


Mobile Factory Accounts Receivable Historical Data

The historical data trend for Mobile Factory'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.

Mobile Factory Accounts Receivable Chart

Mobile Factory Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 387.34 357.47 373.32 487.99 537.79

Mobile Factory Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 345.13 516.10 458.69 537.79 386.23

Mobile Factory Accounts Receivable Calculation

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


Mobile Factory 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.

Mobile Factory's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=386.226/700.515*91
=50.31

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

Mobile Factory's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(2519.961+0.75 * 386.226+0.5 * 2.318-637.477
-0-0)/7.54344
=288.11

* 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.


Mobile Factory Accounts Receivable Related Terms

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Mobile Factory (TSE:3912) Business Description

Traded in Other Exchanges
N/A
Address
1-24-2 Higashi Gotanda, 8th Floor, Higashi Gotanda 1-chome Building, Shinagawa-ku, Tokyo, JPN, 141-0022
Mobile Factory Inc engages in the social apps and mobile content businesses in Japan. The company develops social games and communication tools; and produces mobile content. It also produces mobile music content and other music, such as ringtones. Social Application Service is focus on delivering services of game application through SNS platforms and application markets. Contents Service mainly provides sites, such as ringer melody and divination sites, which are operated by telecommunication carriers.

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