GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fulltech Co Ltd (TSE:6546) » Definitions » Accounts Receivable

Fulltech Co (TSE:6546) Accounts Receivable : 円2,358 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Fulltech Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fulltech Co's accounts receivables for the quarter that ended in Mar. 2024 was 円2,358 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fulltech Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fulltech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-162.78.


Fulltech Co Accounts Receivable Historical Data

The historical data trend for Fulltech 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.

* Premium members only.

Fulltech Co Accounts Receivable Chart

Fulltech Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1,653.07 1,640.30 1,650.30 1,583.36 1,554.22

Fulltech Co 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 2,256.67 1,502.62 1,407.60 1,554.22 2,357.74

Fulltech Co Accounts Receivable Calculation

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


Fulltech 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2357.736/3926.341*91
=54.79

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

Fulltech Co'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)
=(2413.746+0.75 * 2357.736+0.5 * 1484.536-5798.087
-0-0)/5.36765
=-162.78

* 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.


Fulltech Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Fulltech Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Fulltech Co (TSE:6546) Business Description

Traded in Other Exchanges
N/A
Address
3-4-3 Odorihigashi, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0041
Fulltech Co Ltd is engaged in the sale, construction, and maintenance of automatic door operating device, and also manufactures and sells stainless steel fittings. It also sales bicycle parking system, bicycle parking rack, smoking area system.

Fulltech Co (TSE:6546) Headlines

No Headlines