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Kohnan Shoji Co (TSE:7516) Accounts Receivable : 円15,798 Mil (As of Feb. 2024)


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What is Kohnan Shoji Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kohnan Shoji Co's accounts receivables for the quarter that ended in Feb. 2024 was 円15,798 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kohnan Shoji Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 12.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kohnan Shoji Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-7,359.89.


Kohnan Shoji Co Accounts Receivable Historical Data

The historical data trend for Kohnan Shoji 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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Kohnan Shoji Co Accounts Receivable Chart

Kohnan Shoji Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,958.00 8,569.00 10,636.00 13,568.00 15,798.00

Kohnan Shoji Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 13,568.00 17,288.00 17,711.00 17,841.00 15,798.00

Kohnan Shoji Co Accounts Receivable Calculation

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


Kohnan Shoji 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.

Kohnan Shoji Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15798/116605*91
=12.36

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

Kohnan Shoji Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(11723+0.75 * 15798+0.5 * 123145-301301
-0-0)/29.3696
=-7,359.89

* 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.


Kohnan Shoji Co Accounts Receivable Related Terms

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Kohnan Shoji Co (TSE:7516) Business Description

Traded in Other Exchanges
N/A
Address
2-2-17 Nishimiyahara, Yodogawa-ku, Osaka, JPN, 532-0004
Kohnan Shoji Co Ltd is a Japan-based company that is principally engaged in retail of products related to home improvement, housekeeping, and automotive supplies and accessories. The company operates through three store chains with different styles: Home Center, mainly offering DIY products and household goods to improve consumers' home and life; Homestock, a small-format version of Home Center with original brands EDLP and Lifelex; and Kohnan Pro, providing tools, building materials, and working equipment for professionals. Most of the company's stores are Home Center stores.

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