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Techno Smart (TSE:6246) Accounts Receivable : 円12,232 Mil (As of Dec. 2023)


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What is Techno Smart Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Techno Smart's accounts receivables for the quarter that ended in Dec. 2023 was 円12,232 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Techno Smart's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 196.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Techno Smart's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円575.73.


Techno Smart Accounts Receivable Historical Data

The historical data trend for Techno Smart'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.

Techno Smart Accounts Receivable Chart

Techno Smart Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,929.14 4,984.20 469.54 464.38 584.53

Techno Smart Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 5,296.20 584.53 5,449.46 8,973.52 12,232.27

Techno Smart Accounts Receivable Calculation

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


Techno Smart 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12232.27/5670.634*91
=196.84

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

Techno Smart'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)
=(9392.08+0.75 * 12232.27+0.5 * 482.991-11729.235
-0-0)/12.2948
=575.73

* 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.


Techno Smart Accounts Receivable Related Terms

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Techno Smart (TSE:6246) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, Kyutaro-machi Kowa Building, 5-28 Kyutaro-machi 2-chome, Chuo-ku, Osaka, JPN, 541-0056
Techno Smart Corp is engaged in the designing and manufacturing of lithium-ion battery electrode manufacturing devices. LCD polarized film manufacturing devices, other film manufacturing devices and precision instruments for coating and laminating. The company's products offerings include CED coaters, Die coaters, Floating dryer, Unwind devices, Laboratory coater, among others.

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