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Heiwa Real Estate REIT (TSE:8966) Accounts Receivable : 円159 Mil (As of Nov. 2024)


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What is Heiwa Real Estate REIT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heiwa Real Estate REIT's accounts receivables for the quarter that ended in Nov. 2024 was 円159 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Heiwa Real Estate REIT's Days Sales Outstanding for the quarter that ended in Nov. 2024 was 3.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Heiwa Real Estate REIT's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was 円-94,058.06.


Heiwa Real Estate REIT Accounts Receivable Historical Data

The historical data trend for Heiwa Real Estate REIT'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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Heiwa Real Estate REIT Accounts Receivable Chart

Heiwa Real Estate REIT Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.45 38.87 49.21 - 124.29

Heiwa Real Estate REIT Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 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 - 143.22 124.29 147.58 158.83

Heiwa Real Estate REIT Accounts Receivable Calculation

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


Heiwa Real Estate REIT 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.

Heiwa Real Estate REIT's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=158.831/9045.471*91
=3.20

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

Heiwa Real Estate REIT'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)
=(11777.811+0.75 * 158.831+0.5 * 0-124296.313
-0-0)/1.195
=-94,058.06

* 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.


Heiwa Real Estate REIT Accounts Receivable Related Terms

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Heiwa Real Estate REIT Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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