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Mitsubishi Kakoki Kaisha (TSE:6331) Accounts Receivable : 円20,492 Mil (As of Dec. 2023)


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What is Mitsubishi Kakoki Kaisha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mitsubishi Kakoki Kaisha's accounts receivables for the quarter that ended in Dec. 2023 was 円20,492 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mitsubishi Kakoki Kaisha's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 154.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mitsubishi Kakoki Kaisha's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円889.54.


Mitsubishi Kakoki Kaisha Accounts Receivable Historical Data

The historical data trend for Mitsubishi Kakoki Kaisha'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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Mitsubishi Kakoki Kaisha Accounts Receivable Chart

Mitsubishi Kakoki Kaisha Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,378.00 23,388.00 14,272.00 12,854.00 13,354.00

Mitsubishi Kakoki Kaisha Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12,854.00 15,177.00 19,035.00 20,492.00 13,354.00

Mitsubishi Kakoki Kaisha Accounts Receivable Calculation

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


Mitsubishi Kakoki Kaisha 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.

Mitsubishi Kakoki Kaisha's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20492/12075*91
=154.86

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

Mitsubishi Kakoki Kaisha'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)
=(12269+0.75 * 20492+0.5 * 4236-22981
-0-0)/7.61629
=889.54

* 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.


Mitsubishi Kakoki Kaisha Accounts Receivable Related Terms

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Mitsubishi Kakoki Kaisha (TSE:6331) Business Description

Traded in Other Exchanges
Address
2-1 Ohkawa-cho, Kawasaki-ku, Kawasaki, Kanagawa, JPN, 210-8560
Mitsubishi Kakoki Kaisha Ltd is a manufacturer of chemical plant equipment. The reportable segments of the company are the Engineering business and the Machinery business. The Engineering business includes city gas and petroleum-related plants, a variety of chemical engineering plants, hydrogen generation plants, sewage treatment equipment, diverse water treatment equipment and related products. The Machinery business includes oil purifiers, a variety of separation and filtration machinery, seawater screening facility mixers and related products. It serves the diversified industries in the fields of energy, chemicals, foodstuffs, pharmaceuticals, air purification, and water and waste treatment. The company has an operational presence across Europe, Mainland China, Taiwan and Thailand.

Mitsubishi Kakoki Kaisha (TSE:6331) Headlines

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