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Kintetsu Department Store Co (TSE:8244) Accounts Receivable : 円11,753 Mil (As of Feb. 2024)


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What is Kintetsu Department Store Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kintetsu Department Store Co's accounts receivables for the quarter that ended in Feb. 2024 was 円11,753 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kintetsu Department Store Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 34.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kintetsu Department Store Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円-1,559.61.


Kintetsu Department Store Co Accounts Receivable Historical Data

The historical data trend for Kintetsu Department Store 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.

Kintetsu Department Store Co Accounts Receivable Chart

Kintetsu Department Store 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 12,412.00 9,848.00 9,347.00 11,717.00 11,753.00

Kintetsu Department Store 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 11,717.00 12,565.00 12,778.00 15,672.00 11,753.00

Kintetsu Department Store Co Accounts Receivable Calculation

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


Kintetsu Department Store 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.

Kintetsu Department Store 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
=11753/31299*91
=34.27

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

Kintetsu Department Store 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)
=(3728+0.75 * 11753+0.5 * 6450-78048
-0-0)/39.9332
=-1,559.61

* 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.


Kintetsu Department Store Co Accounts Receivable Related Terms

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Kintetsu Department Store Co (TSE:8244) Business Description

Traded in Other Exchanges
N/A
Address
1-1-43 Abenosuji, Osaka, JPN
Kintetsu Department Store CO., Ltd. is principally engaged in operating department store business in the Kansai region of Japan. The company offers a broad range of merchandise, including apparel, cosmetics, medicine, jewelry, accessories, travel goods, household electric appliances, and other. Kintetsu Department Store provides complementary functions, including restaurants, coffee shops, and other services, like hotel delivery service, home delivery service, luggage storage, sightseeing information services, and other.

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