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The 77 Bank (TSE:8341) Accounts Receivable : 円0 Mil (As of Dec. 2023)


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What is The 77 Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The 77 Bank's accounts receivables for the quarter that ended in Dec. 2023 was 円0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The 77 Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The 77 Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-116,400.54.


The 77 Bank Accounts Receivable Historical Data

The historical data trend for The 77 Bank'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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The 77 Bank Accounts Receivable Chart

The 77 Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
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The 77 Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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The 77 Bank Accounts Receivable Calculation

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


The 77 Bank 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.

The 77 Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/30430*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), The 77 Bank's accounts receivable are only considered to be worth 75% of book value:

The 77 Bank'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)
=(1080429+0.75 * 0+0.5 * 0-9704196
-0-0)/74.087
=-116,400.54

* 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.


The 77 Bank Accounts Receivable Related Terms

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The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

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