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Ai Partners Financial (TSE:7345) Accounts Receivable : 円322 Mil (As of Dec. 2023)


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What is Ai Partners Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ai Partners Financial's accounts receivables for the quarter that ended in Dec. 2023 was 円322 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ai Partners Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 32.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ai Partners Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円102.95.


Ai Partners Financial Accounts Receivable Historical Data

The historical data trend for Ai Partners Financial'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.

Ai Partners Financial Accounts Receivable Chart

Ai Partners Financial Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
173.77 245.34 409.75 277.05 247.94

Ai Partners Financial Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 264.83 247.94 321.22 259.08 321.65

Ai Partners Financial Accounts Receivable Calculation

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


Ai Partners Financial 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.

Ai Partners Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=321.646/896.098*91
=32.75

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

Ai Partners Financial'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)
=(519.064+0.75 * 321.646+0.5 * 0-431.267
-0-0)/3.196
=102.95

* 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.


Ai Partners Financial Accounts Receivable Related Terms

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Ai Partners Financial (TSE:7345) Business Description

Traded in Other Exchanges
N/A
Address
2-20-5 Minamisaiwai, Yokohama Nishi-ku, Kanagawa, JPN, 220?0005
Ai Partners Financial Inc is engaged in providing financial instruments intermediary service.

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