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QB Net Holdings Co (TSE:6571) Accounts Receivable : 円1,284 Mil (As of Mar. 2024)


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What is QB Net Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. QB Net Holdings Co's accounts receivables for the quarter that ended in Mar. 2024 was 円1,284 Mil.

Accounts receivable can be measured by Days Sales Outstanding. QB Net Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. QB Net Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-954.70.


QB Net Holdings Co Accounts Receivable Historical Data

The historical data trend for QB Net Holdings 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.

QB Net Holdings Co Accounts Receivable Chart

QB Net Holdings Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1,160.00 775.00 781.00 915.00 972.00

QB Net Holdings 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 889.00 972.00 1,172.00 1,274.00 1,284.00

QB Net Holdings Co Accounts Receivable Calculation

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


QB Net Holdings 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.

QB Net Holdings 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
=1284/5935*91
=19.74

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

QB Net Holdings 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)
=(4075+0.75 * 1284+0.5 * 338-17732
-0-0)/13.1193
=-954.70

* 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.


QB Net Holdings Co Accounts Receivable Related Terms

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QB Net Holdings Co (TSE:6571) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Shibuya 2 - Chome, Nagai Building 7th Floor, Tokyo, JPN, 150-0002
QB Net Holdings Co Ltd is engaged in hairdressing services. The company's brand profile includes QB House, QB Global, FaSS, and other brands such as LogiThcut PROFESSIONAL STYLIST SCHOOL and QB House Visit Beauty Salon . QB House is for the people who need short-term and low price services. QB Global is for the overseas people, and FaSS is for women and young people.

QB Net Holdings Co (TSE:6571) Headlines

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