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Tokyo Communications Group (TSE:7359) Accounts Receivable : 円725 Mil (As of Dec. 2024)


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What is Tokyo Communications Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tokyo Communications Group's accounts receivables for the quarter that ended in Dec. 2024 was 円725 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tokyo Communications Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円-183.59.


Tokyo Communications Group Accounts Receivable Historical Data

The historical data trend for Tokyo Communications 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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Tokyo Communications Group Accounts Receivable Chart

Tokyo Communications Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 548.94 636.13 639.80 732.84 725.48

Tokyo Communications Group Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 666.56 732.84 652.55 645.95 725.48

Tokyo Communications Group Accounts Receivable Calculation

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


Tokyo Communications 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.

Tokyo Communications Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=725.48/0*91
=

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

Tokyo Communications Group'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)
=(771.144+0.75 * 725.48+0.5 * 36.494-2986.276
-0-196.552)/10.073
=-183.59

* 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.


Tokyo Communications Group Accounts Receivable Related Terms

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Tokyo Communications Group Business Description

Traded in Other Exchanges
N/A
Address
1-1-9 Ebisu Minami, 9th floor of Iwatoku Building, Shibuya-ku, Tokyo, JPN, 150-0022
Tokyo Communications Group Inc is an IT marketing company. It is primarily involved in two business namely application and advertising agency business. In the app business, company is developing a business that earns advertising revenue using smartphone apps. In the advertising agency business, it develops an internet advertising agency business centered on affiliate advertising.

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