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Toyo Denki Seizo KK (TSE:6505) Accounts Receivable : 円13,329 Mil (As of Feb. 2024)


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What is Toyo Denki Seizo KK Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toyo Denki Seizo KK's accounts receivables for the quarter that ended in Feb. 2024 was 円13,329 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Toyo Denki Seizo KK's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 164.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toyo Denki Seizo KK's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-846.56.


Toyo Denki Seizo KK Accounts Receivable Historical Data

The historical data trend for Toyo Denki Seizo KK'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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Toyo Denki Seizo KK Accounts Receivable Chart

Toyo Denki Seizo KK Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,192.00 14,135.00 13,218.00 12,091.00 13,236.00

Toyo Denki Seizo KK Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 12,318.00 13,236.00 12,444.00 12,719.00 13,329.00

Toyo Denki Seizo KK Accounts Receivable Calculation

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


Toyo Denki Seizo KK 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.

Toyo Denki Seizo KK's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13329/7414*91
=164.05

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

Toyo Denki Seizo KK's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(3502+0.75 * 13329+0.5 * 7491-25150
-0-0)/9.33863
=-846.56

* 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.


Toyo Denki Seizo KK Accounts Receivable Related Terms

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Toyo Denki Seizo KK (TSE:6505) Business Description

Traded in Other Exchanges
N/A
Address
Tatemono Yaesu Building 5F 1-4-16, Yaesu, Chuo-ku, Tokyo, JPN, 103-0028
Toyo Denki Seizo KK operates in transportation business, industrial business, ICT solution business, and development center. In the transportation business, it is engaged in electrical equipment for railway vehicles. In the industrial business, the company develops industrial electrical equipment such as motors and inverters for production equipment machines. In the ICT solution business, it develops and manufactures station equipment and remote monitoring systems. At the Development Center, the group is working to expand new businesses and products.

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