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ShinMaywa Industries (TSE:7224) Accounts Receivable : 円66,234 Mil (As of Dec. 2024)


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What is ShinMaywa Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ShinMaywa Industries's accounts receivables for the quarter that ended in Dec. 2024 was 円66,234 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ShinMaywa Industries's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 95.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ShinMaywa Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円-635.43.


ShinMaywa Industries Accounts Receivable Historical Data

The historical data trend for ShinMaywa Industries'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.

ShinMaywa Industries Accounts Receivable Chart

ShinMaywa Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67,223.00 61,137.00 62,114.00 62,812.00 83,163.00

ShinMaywa Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 71,928.00 83,163.00 66,795.00 64,807.00 66,234.00

ShinMaywa Industries Accounts Receivable Calculation

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


ShinMaywa Industries 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.

ShinMaywa Industries's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=66234/63177*91
=95.67

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

ShinMaywa Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(23424+0.75 * 66234+0.5 * 67836-147993
-0-1021)/66.091
=-635.43

* 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.


ShinMaywa Industries Accounts Receivable Related Terms

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ShinMaywa Industries Business Description

Traded in Other Exchanges
N/A
Address
1-1 Shinmeiwa-cho, Takarazuka, Hyogo, JPN, 665-8550
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.

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