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NISHIKAWA RUBBER Co (TSE:5161) Accounts Receivable : 円15,965 Mil (As of Sep. 2024)


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What is NISHIKAWA RUBBER Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NISHIKAWA RUBBER Co's accounts receivables for the quarter that ended in Sep. 2024 was 円15,965 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. NISHIKAWA RUBBER Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was 円562.61.


NISHIKAWA RUBBER Co Accounts Receivable Historical Data

The historical data trend for NISHIKAWA RUBBER 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.

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NISHIKAWA RUBBER Co Accounts Receivable Chart

NISHIKAWA RUBBER Co 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 13,722.00 14,664.00 13,889.00 15,953.00 15,077.00

NISHIKAWA RUBBER Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 17,264.00 16,837.00 17,566.00 15,077.00 15,965.00

NISHIKAWA RUBBER Co Accounts Receivable Calculation

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


NISHIKAWA RUBBER 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.

NISHIKAWA RUBBER 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
=15965/0*91
=

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

NISHIKAWA RUBBER 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)
=(47469+0.75 * 15965+0.5 * 8079-49359
-0-3257)/19.314
=562.61

* 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.


NISHIKAWA RUBBER Co Accounts Receivable Related Terms

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NISHIKAWA RUBBER Co Business Description

Traded in Other Exchanges
N/A
Address
2-2-8, Misasa-machi, Nishi-Ku, Hiroshima, JPN, 733-8510
NISHIKAWA RUBBER Co Ltd manufactures and sells rubber sealing products for automotive, housing and civil engineering related products. It offers automotive-related products, such as glass runs, interior and exterior moldings, waist sealings, electrical equipment packing materials, and others; and housing-related products, including joint gaskets, backup seals, door seals, and other seals for water-proofing, fire-protection, dust-proofing, noise insulation, barrier-free, energy-saving applications. The company also provides civil engineering-related products, including AN joint I, AN joint III, Excel joints, and ANB flexible joints for sewage works and water-swelling sponge applications.

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