Elitz Holdings Co (TSE:5533) Accounts Receivable : 円283 Mil (As of Sep. 2024)

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What is Elitz Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Elitz Holdings Co's accounts receivables for the quarter that ended in Sep. 2024 was 円283 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. Elitz Holdings Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was 円127.83.

Elitz Holdings Co Accounts Receivable Historical Data

The historical data trend for Elitz Holdings 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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Elitz Holdings Co Accounts Receivable Chart

Elitz Holdings Co Annual Data

Trend

Sep21

Sep22

Sep23

Sep24

Accounts Receivable

228.96

242.48

244.34

283.43

Elitz Holdings Co Quarterly Data
	Sep21	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			269.46	244.34	301.38	413.95	283.43

Elitz Holdings Co Accounts Receivable Calculation

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

Elitz Holdings 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.

Elitz Holdings 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
=	283.43	/	0	*	91
=

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

Elitz Holdings 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)
=	(4204.766	+	0.75 * 283.43	+	0.5 * 713.382	-	4335.072
-	0	-	0)	/	3.434
=	127.83

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.

Elitz Holdings Co Accounts Receivable Related Terms

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Elitz Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elitz Holdings Co Ltd (TSE:5533) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

55-1 Sambo Horikawacho, Aneyakoji-agaru Horikawa-dori, Elitz Oike building, Nakagyo ward, Kyoto, JPN, 604-8266

Website

https://www.elitz-holdings.co.jp/

Elitz Holdings Co Ltd is engaged in Real estate leasing operations, Real estate fund administration, Real estate planning and consulting, Recruitment agency, Management of group companies engaged in real estate brokerage and administration business, system development and sales business, and incidental operations.

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