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Kokusai Electric (TSE:6525) Accounts Receivable : 円31,994 Mil (As of Mar. 2024)


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What is Kokusai Electric Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kokusai Electric's accounts receivables for the quarter that ended in Mar. 2024 was 円31,994 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kokusai Electric's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 59.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kokusai Electric's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-118.90.


Kokusai Electric Accounts Receivable Historical Data

The historical data trend for Kokusai Electric'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.

Kokusai Electric Accounts Receivable Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24
Accounts Receivable
45,973.00 47,477.00 31,994.00

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 47,477.00 28,967.00 33,588.00 37,219.00 31,994.00

Kokusai Electric Accounts Receivable Calculation

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


Kokusai Electric 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.

Kokusai Electric's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31994/49177*91
=59.37

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

Kokusai Electric's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(92619+0.75 * 31994+0.5 * 87682-188045
-0-0)/232.036
=-118.90

* 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.


Kokusai Electric Accounts Receivable Related Terms

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Kokusai Electric (TSE:6525) Business Description

Traded in Other Exchanges
Address
3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

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