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CAREERLINK CO (TSE:6070) Accounts Receivable : 円7,143 Mil (As of Dec. 2023)


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What is CAREERLINK CO Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CAREERLINK CO's accounts receivables for the quarter that ended in Dec. 2023 was 円7,143 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CAREERLINK CO's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 61.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CAREERLINK CO's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円759.20.


CAREERLINK CO Accounts Receivable Historical Data

The historical data trend for CAREERLINK 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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CAREERLINK CO Accounts Receivable Chart

CAREERLINK CO Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,108.18 1,789.54 2,198.76 2,358.45 3,354.77

CAREERLINK CO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11,596.44 14,668.41 6,014.31 7,410.83 7,142.75

CAREERLINK CO Accounts Receivable Calculation

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


CAREERLINK 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.

CAREERLINK 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
=7142.747/10561.622*91
=61.71

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

CAREERLINK 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)
=(10766.058+0.75 * 7142.747+0.5 * 37.209-7055.754
-0-76.401)/11.8672
=759.20

* 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.


CAREERLINK CO Accounts Receivable Related Terms

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CAREERLINK CO (TSE:6070) Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

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