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Earth Infinity Co (TSE:7692) Accounts Receivable : 円755 Mil (As of Jan. 2024)


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What is Earth Infinity Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Earth Infinity Co's accounts receivables for the quarter that ended in Jan. 2024 was 円755 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Earth Infinity Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 54.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Earth Infinity Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円-4.92.


Earth Infinity Co Accounts Receivable Historical Data

The historical data trend for Earth Infinity 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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Earth Infinity Co Accounts Receivable Chart

Earth Infinity Co Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial 658.74 644.33 702.32 910.77 616.52

Earth Infinity Co Quarterly Data
Jul18 Jul19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,052.30 586.42 616.52 531.27 754.97

Earth Infinity Co Accounts Receivable Calculation

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


Earth Infinity 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.

Earth Infinity Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=754.973/1271.894*91
=54.16

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

Earth Infinity Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(341.988+0.75 * 754.973+0.5 * 6.115-1452.612
-0-0)/110.13
=-4.92

* 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.


Earth Infinity Co Accounts Receivable Related Terms

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Earth Infinity Co (TSE:7692) Business Description

Traded in Other Exchanges
N/A
Address
2-2-28 Dojimahama, Osaka Kita-ku, Osaka, JPN, 530-0004
Earth Infinity Co Ltd is engaged in electricity retailing and gas retailing. The company is also engaged in manufacturing, sales and unloading of electronic equipment and electric products.

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