Nippon Souken Co (TSE:5840) Accounts Receivable : 円12.7 Mil (As of Nov. 2024)

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What is Nippon Souken Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nippon Souken Co's accounts receivables for the quarter that ended in Nov. 2024 was 円12.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nippon Souken Co's Days Sales Outstanding for the quarter that ended in Nov. 2024 was 7.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nippon Souken Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was 円-174.23.

Nippon Souken Co Accounts Receivable Historical Data

The historical data trend for Nippon Souken 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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Nippon Souken Co Accounts Receivable Chart

Nippon Souken Co Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

Accounts Receivable

0.13

6.56

7.07

12.71

Nippon Souken Co Semi-Annual Data
	Nov21	Nov22	May23	Nov23	May24	Nov24
Accounts Receivable	Get a 7-Day Free Trial			6.56	-	7.07	8.43	12.71

Nippon Souken Co Accounts Receivable Calculation

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

Nippon Souken 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.

Nippon Souken Co's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.712	/	293.219	*	91
=	7.91

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

Nippon Souken Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=	(208.81	+	0.75 * 12.712	+	0.5 * 0	-	334.21
-	0	-	0)	/	0.665
=	-174.23

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.

Nippon Souken Co Accounts Receivable Related Terms

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Nippon Souken Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nippon Souken Co Ltd (TSE:5840) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1 Sunport, Takamatsu Symbol Tower 9th floor, Kagawa Prefecture, Takamatsu, JPN, 760-0019

Website

https://www.iba-ns.com

Nippon Souken Co Ltd is an insurance broker authorized by the Financial Services Agency to specialize in risk and insurance. The company provides a one-stop solution to the problems faced by insurance representatives.

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