GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Copa Corp Inc (TSE:7689) » Definitions » Accounts Receivable

Copa (TSE:7689) Accounts Receivable : 円237 Mil (As of Aug. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Copa Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Copa's accounts receivables for the quarter that ended in Aug. 2024 was 円237 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Copa's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 27.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Copa's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was 円328.94.


Copa Accounts Receivable Historical Data

The historical data trend for Copa'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.

Copa Accounts Receivable Chart

Copa Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Feb23
Accounts Receivable
291.18 365.15 522.33 485.45 162.32

Copa Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 331.26 228.85 137.73 189.74 236.85

Copa Accounts Receivable Calculation

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


Copa 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.

Copa's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=236.853/791.916*91
=27.29

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

Copa's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(824.646+0.75 * 236.853+0.5 * 358.962-207.13
-0-0)/2.963
=328.94

* 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.


Copa Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Copa's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Copa Business Description

Traded in Other Exchanges
N/A
Address
2-23-7 Ebisu Minami, Ebisu Park Hills 6th Floor, Shibuya-ku, Tokyo, JPN, 150-0022
Copa Corp Inc is engaged in demonstration sales and wholesale of products, television mail order appearances, online mail order sales, demonstration sales of school courses and temporary staffing, and sales consulting and sales promotion.

Copa Headlines

No Headlines