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Autoserver Co (TSE:5589) Accounts Receivable : 円61 Mil (As of Dec. 2023)


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What is Autoserver Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Autoserver Co's accounts receivables for the quarter that ended in Dec. 2023 was 円61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Autoserver Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 3.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Autoserver Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円862.18.


Autoserver Co Accounts Receivable Historical Data

The historical data trend for Autoserver 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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Autoserver Co Accounts Receivable Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
50.39 48.44 60.78

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23
Accounts Receivable 50.39 48.44 100.08 123.09 60.78

Autoserver Co Accounts Receivable Calculation

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


Autoserver 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.

Autoserver Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.782/1419.303*91
=3.91

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

Autoserver Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(11965.123+0.75 * 60.782+0.5 * 3.268-5946.835
-0-0)/7.0351
=862.18

* 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.


Autoserver Co Accounts Receivable Related Terms

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Autoserver Co (TSE:5589) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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