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Nankai Chemical Co (TSE:4040) Accounts Receivable : 円3,517 Mil (As of Sep. 2024)


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What is Nankai Chemical Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nankai Chemical Co's accounts receivables for the quarter that ended in Sep. 2024 was 円3,517 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nankai Chemical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 76.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nankai Chemical Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was 円-3,490.17.


Nankai Chemical Co Accounts Receivable Historical Data

The historical data trend for Nankai Chemical 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.

Nankai Chemical Co Accounts Receivable Chart

Nankai Chemical Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
5,097.00 4,878.00 3,840.00 3,444.00

Nankai Chemical Co Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,676.00 3,769.00 3,444.00 - 3,517.00

Nankai Chemical Co Accounts Receivable Calculation

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


Nankai Chemical 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.

Nankai Chemical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3517/4174*91
=76.89

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

Nankai Chemical Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1776+0.75 * 3517+0.5 * 2837-12785
-0-59)/2.009
=-3,490.17

* 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.


Nankai Chemical Co Accounts Receivable Related Terms

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Nankai Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015
Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.

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