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Aiai Group (TSE:6557) Accounts Receivable : 円1,057 Mil (As of Dec. 2023)


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What is Aiai Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aiai Group's accounts receivables for the quarter that ended in Dec. 2023 was 円1,057 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aiai Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 32.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aiai Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-2,344.30.


Aiai Group Accounts Receivable Historical Data

The historical data trend for Aiai Group'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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Aiai Group Accounts Receivable Chart

Aiai Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial 190.08 333.48 58.75 295.32 237.73

Aiai Group Quarterly Data
Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 904.51 1,610.05 793.79 967.64 1,057.44

Aiai Group Accounts Receivable Calculation

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


Aiai Group 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.

Aiai Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1057.44/2973.94*91
=32.45

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

Aiai Group'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)
=(1682.023+0.75 * 1057.44+0.5 * 0-9734.191
-0-0)/3.09649
=-2,344.30

* 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.


Aiai Group Accounts Receivable Related Terms

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Aiai Group (TSE:6557) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 No. 1, Kinshi 1-chome Sumida-ku, Arkentral 16th Floor, Tokyo, JPN, 130-0013
Aiai Group Corp is engaged in solving population problems in Japan as social problems and by welfare projects. The company operates in nurseries business, nursing care business projects, ICT business as welfare support business.

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