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Torishima Pump Mfg Co (TSE:6363) Accounts Receivable : 円28,368 Mil (As of Sep. 2024)


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What is Torishima Pump Mfg Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Torishima Pump Mfg Co's accounts receivables for the quarter that ended in Sep. 2024 was 円28,368 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Torishima Pump Mfg Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 129.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Torishima Pump Mfg Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was 円-60.16.


Torishima Pump Mfg Co Accounts Receivable Historical Data

The historical data trend for Torishima Pump Mfg 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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Torishima Pump Mfg Co Accounts Receivable Chart

Torishima Pump Mfg Co 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 25,727.00 26,265.00 25,774.00 32,006.00 35,421.00

Torishima Pump Mfg Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 30,328.00 35,421.00 - 28,368.00 32,505.00

Torishima Pump Mfg Co Accounts Receivable Calculation

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


Torishima Pump Mfg 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.

Torishima Pump Mfg Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28368/20047*91
=129.13

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

Torishima Pump Mfg Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(13421+0.75 * 28368+0.5 * 19597-45715
-0-381)/26.603
=-60.16

* 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.


Torishima Pump Mfg Co Accounts Receivable Related Terms

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Torishima Pump Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
1-1-8, Miyada-cho, Takatsuki-shi, Osaka, JPN, 569-1142
Torishima Pump Mfg Co Ltd is a Japan-based company engaged in the manufacture of various pumps. Principally, it provides comprehensive pump solutions ranging from the engineering, procurement, and construction of pumping stations to operation and maintenance. Additionally, the company supplies profoundly engineered pumps for a variety of applications such as power plants, seawater desalination plants, petrochemical plants, and other general industrial plants.

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