GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wood Friends Co Ltd (TSE:8886) » Definitions » Accounts Receivable

Wood Friends Co (TSE:8886) Accounts Receivable : 円700 Mil (As of Nov. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Wood Friends Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wood Friends Co's accounts receivables for the quarter that ended in Nov. 2024 was 円700 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wood Friends Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was 円-8,046.26.


Wood Friends Co Accounts Receivable Historical Data

The historical data trend for Wood Friends 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.

Wood Friends Co Accounts Receivable Chart

Wood Friends Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 324.17 418.29 562.60 296.86 500.94

Wood Friends Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 288.05 492.84 383.10 500.94 700.33

Wood Friends Co Accounts Receivable Calculation

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


Wood Friends 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.

Wood Friends Co's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=700.325/0*91
=

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

Wood Friends Co's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(1637.33+0.75 * 700.325+0.5 * 9786.725-18196.102
-0-591.287)/1.458
=-8,046.26

* 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.


Wood Friends Co Accounts Receivable Related Terms

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


Wood Friends Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5 No. 3 KDX Nagoya Sakae Building 2F, Sakae medium Nagoya District chome, Nagoya, JPN
Wood Friends Co Ltd is engaged in the planning, development, and sale of real estate products. The business contents of the company include construction materials, franchise business, urban development, project, remodeling business, and IT advertisement related business.

Wood Friends Co Headlines

No Headlines