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Bando Chemical Industries (TSE:5195) Accounts Receivable : 円23,329 Mil (As of Mar. 2024)


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What is Bando Chemical Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bando Chemical Industries's accounts receivables for the quarter that ended in Mar. 2024 was 円23,329 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bando Chemical Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bando Chemical Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円148.87.


Bando Chemical Industries Accounts Receivable Historical Data

The historical data trend for Bando Chemical Industries'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.

Bando Chemical Industries Accounts Receivable Chart

Bando Chemical Industries 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 20,103.00 20,467.00 22,486.00 21,942.00 23,329.00

Bando Chemical Industries Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 23,246.00 24,367.00 23,719.00 23,329.00 -

Bando Chemical Industries Accounts Receivable Calculation

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


Bando Chemical Industries 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.

Bando Chemical Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23329/27578*91
=77.19

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

Bando Chemical Industries'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)
=(19742+0.75 * 23329+0.5 * 19218-40114
-0-347)/42.902
=148.87

* 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.


Bando Chemical Industries Accounts Receivable Related Terms

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Bando Chemical Industries Business Description

Traded in Other Exchanges
N/A
Address
6-6, Minatojima Minamimachi 4-chome, Chuo-ku, Kobe, JPN, 650-0047
Bando Chemical Industries Ltd manufactures and sells rubber and plastic products such as power transmission belts and systems, belts used in precision equipment, and multimedia parts made form urethane and resins. It operates its business under Belt, Advanced Elastomer Products, and Other segments. Belt segment manufactures and sells transmission belts for automobiles and general industry use, conveyor belts, resin conveyor belts, synchronous conveyor belts, transportation system products, hulling roll and railway track product, among others. Elastomer segment manufactures and sells polyurethane functional components, precision abrasives, films for building materials, medical films and industrial films, among others. Bando earns the majority of its revenue from Belt business.

Bando Chemical Industries Headlines

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