GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsui Fudosan Co Ltd (TSE:8801) » Definitions » Accounts Receivable

Mitsui Fudosan Co (TSE:8801) Accounts Receivable : 円73,077 Mil (As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Mitsui Fudosan Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mitsui Fudosan Co's accounts receivables for the quarter that ended in Dec. 2023 was 円73,077 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mitsui Fudosan Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 12.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mitsui Fudosan Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,798.61.


Mitsui Fudosan Co Accounts Receivable Historical Data

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co Accounts Receivable Chart

Mitsui Fudosan 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 45,276.00 38,908.00 41,368.00 61,465.00 71,220.00

Mitsui Fudosan 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 69,059.00 71,220.00 66,173.00 70,436.00 73,077.00

Mitsui Fudosan Co Accounts Receivable Calculation

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


Mitsui Fudosan 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.

Mitsui Fudosan 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
=73077/533770*91
=12.49

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

Mitsui Fudosan 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)
=(288969+0.75 * 73077+0.5 * 2432995-6468693
-0-130277)/2801.44
=-1,798.61

* 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.


Mitsui Fudosan Co Accounts Receivable Related Terms

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


Mitsui Fudosan Co (TSE:8801) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (TSE:8801) Headlines

No Headlines