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Rhythm Co (TSE:7769) Accounts Receivable : 円5,325 Mil (As of Dec. 2023)


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What is Rhythm Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rhythm Co's accounts receivables for the quarter that ended in Dec. 2023 was 円5,325 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rhythm Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 54.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rhythm Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円638.18.


Rhythm Co Accounts Receivable Historical Data

The historical data trend for Rhythm 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.

* Premium members only.

Rhythm Co Accounts Receivable Chart

Rhythm Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,432.00 4,340.00 4,150.00 4,107.00 4,115.00

Rhythm Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,430.00 4,115.00 4,001.00 4,338.00 5,325.00

Rhythm Co Accounts Receivable Calculation

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


Rhythm 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.

Rhythm Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5325/8902*91
=54.58

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

Rhythm Co'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)
=(9941+0.75 * 5325+0.5 * 9032-13182
-0-0)/8.25587
=638.18

* 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.


Rhythm Co Accounts Receivable Related Terms

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Rhythm Co (TSE:7769) Business Description

Traded in Other Exchanges
N/A
Address
1-299-12 Kitabukuro-cho Omiya-ku, Saitama-shi, Saitama, JPN, 330-9551
Rhythm Co Ltd is a watch manufacturer. The company is mainly engaged in the manufacturing and sale of clocks, jewelry, watches, electronic parts, and equipment. It operates its business in four divisions including clock division, electronics division, precision division, and connected terminal division. The Clock division manufactures and supplies products, such as hanging clocks, standing clocks, alarm clocks, watches, and accessories. The Electronics division manufactures and sells information-related equipment, communication, and automobile-related equipment. The Precision division manufactures and sells precision molds, plastic and metal components, and medical equipment. The Connection Terminal division manufactures and sells connection terminal products.

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