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Land Business Co (TSE:8944) Accounts Receivable : 円153 Mil (As of Mar. 2024)


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What is Land Business Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Land Business Co's accounts receivables for the quarter that ended in Mar. 2024 was 円153 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Land Business Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 5.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Land Business Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-1,111.49.


Land Business Co Accounts Receivable Historical Data

The historical data trend for Land Business 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.

Land Business Co Accounts Receivable Chart

Land Business Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.04 35.49 22.97 39.24 106.77

Land Business Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.89 38.68 106.77 159.52 153.31

Land Business Co Accounts Receivable Calculation

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


Land Business 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.

Land Business Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=153.312/2477.011*91
=5.65

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

Land Business Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(9191.538+0.75 * 153.312+0.5 * 7656.521-35193.466
-0-0)/19.8461
=-1,111.49

* 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.


Land Business Co Accounts Receivable Related Terms

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Land Business Co (TSE:8944) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

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