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Kyowa Electronic Instruments Co (TSE:6853) Accounts Receivable : 円4,293 Mil (As of Jun. 2024)


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What is Kyowa Electronic Instruments Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kyowa Electronic Instruments Co's accounts receivables for the quarter that ended in Jun. 2024 was 円4,293 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kyowa Electronic Instruments Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 123.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kyowa Electronic Instruments Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was 円242.79.


Kyowa Electronic Instruments Co Accounts Receivable Historical Data

The historical data trend for Kyowa Electronic Instruments 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.

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Kyowa Electronic Instruments Co Accounts Receivable Chart

Kyowa Electronic Instruments Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,876.98 5,274.03 4,786.49 3,346.36 4,341.92

Kyowa Electronic Instruments Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3,964.46 4,237.75 4,341.92 5,383.92 4,292.77

Kyowa Electronic Instruments Co Accounts Receivable Calculation

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


Kyowa Electronic Instruments 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.

Kyowa Electronic Instruments Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4292.772/3181.011*91
=123.14

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

Kyowa Electronic Instruments Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(7197.46+0.75 * 4292.772+0.5 * 5164.262-6383.18
-0-0)/27.250
=242.79

* 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.


Kyowa Electronic Instruments Co Accounts Receivable Related Terms

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Kyowa Electronic Instruments Co Business Description

Traded in Other Exchanges
N/A
Address
3-5-1, Chofugaoka, Chofu, Tokyo, JPN, 182-8520
Kyowa Electronic Instruments Co Ltd is engaged in the manufacturing and distribution of stress measurement devices in experimental research fields of government offices, corporations, and universities. It is also involved in the manufacturing and distribution of various measurement devices for civil engineering and construction. In addition to product and system development, design and fabrication, the company also offers a comprehensive services from proposals for measurement technology tailored to specific issues to technical support and maintenance. It mainly serves the government and municipal offices, national, public, and private universities, construction industry, textile/ chemical industry, petroleum industry, and rubber industry.

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