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Future Innovation Group (TSE:4392) Accounts Receivable : 円3,902 Mil (As of Dec. 2024)


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What is Future Innovation Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Future Innovation Group's accounts receivables for the quarter that ended in Dec. 2024 was 円3,902 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. Future Innovation Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円13.90.


Future Innovation Group Accounts Receivable Historical Data

The historical data trend for Future Innovation Group'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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Future Innovation Group Accounts Receivable Chart

Future Innovation Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 2,200.00 3,145.00 4,631.00 5,860.00 3,902.00

Future Innovation Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 5,615.00 5,860.00 5,388.00 4,720.00 3,902.00

Future Innovation Group Accounts Receivable Calculation

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


Future Innovation Group 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.

Future Innovation Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3902/0*91
=

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

Future Innovation Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(4077+0.75 * 3902+0.5 * 2290-7725
-0-3)/30.256
=13.90

* 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.


Future Innovation Group Accounts Receivable Related Terms

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Future Innovation Group Business Description

Traded in Other Exchanges
N/A
Address
2-5-60, Higashiomichi, Oita-shi, Oita, JPN, 870-0823
Future Innovation Group Inc is engaged in the sale and development of a mobile management system, accompanied by the communication, application services, and maintenance support. The company is also engaged in the management of business subsidiaries and all incidentals or any businesses related to sale and manufacturing of automobile mounting related equipment and manufacturing of molds for the semiconductor.

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