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Chugoku Marine Paints (TSE:4617) Accounts Receivable : 円35,615 Mil (As of Dec. 2024)


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What is Chugoku Marine Paints Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chugoku Marine Paints's accounts receivables for the quarter that ended in Dec. 2024 was 円35,615 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chugoku Marine Paints's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 98.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chugoku Marine Paints's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円257.47.


Chugoku Marine Paints Accounts Receivable Historical Data

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints Accounts Receivable Chart

Chugoku Marine Paints Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,591.00 27,937.00 27,104.00 31,667.00 36,828.00

Chugoku Marine Paints Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 37,170.00 37,864.00 36,828.00 38,451.00 35,615.00

Chugoku Marine Paints Accounts Receivable Calculation

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


Chugoku Marine Paints 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.

Chugoku Marine Paints's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35615/33120*91
=98.12

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

Chugoku Marine Paints'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)
=(33959+0.75 * 35615+0.5 * 27716-56563
-0-5200)/49.579
=257.47

* 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.


Chugoku Marine Paints Accounts Receivable Related Terms

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Chugoku Marine Paints Business Description

Traded in Other Exchanges
N/A
Address
3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.

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