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Toyo Tanso Co (TSE:5310) Accounts Receivable : 円17,848 Mil (As of Mar. 2024)


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What is Toyo Tanso Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toyo Tanso Co's accounts receivables for the quarter that ended in Mar. 2024 was 円17,848 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Toyo Tanso Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 129.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toyo Tanso Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円1,361.00.


Toyo Tanso Co Accounts Receivable Historical Data

The historical data trend for Toyo Tanso 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.

Toyo Tanso Co Accounts Receivable Chart

Toyo Tanso Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,195.00 11,389.00 14,198.00 16,606.00 17,494.00

Toyo Tanso Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16,711.00 16,464.00 16,207.00 17,494.00 17,848.00

Toyo Tanso Co Accounts Receivable Calculation

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


Toyo Tanso 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.

Toyo Tanso Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17848/12573*91
=129.53

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

Toyo Tanso Co'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)
=(15796+0.75 * 17848+0.5 * 23027-12098
-0-54)/20.9724
=1,361.00

* 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.


Toyo Tanso Co Accounts Receivable Related Terms

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Toyo Tanso Co (TSE:5310) Business Description

Traded in Other Exchanges
Address
Nishiyodogawa ku Takeshima 5-7-12, Osaka, JPN, 555-0011
Toyo Tanso Co Ltd is a Japanese corporation engaged in the manufacture of electronic materials such as special graphite and other carbon products which are employed in processes like single crystal silicon pulling furnaces, heaters, and metal-organic chemical vapor deposition devices. Its portfolio of carbon products includes bearings for pumps and compressors, sealing materials, pantograph sliders, automobile parts, carbon brushes and motor brushes. Toyo attends to various industries ranging from the living space to advanced aerospace and medical fields such as aerospace and medical care, especially solar cells, nuclear power and other environmental and energy fields.

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