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Japan Excellent (TSE:8987) Accounts Receivable : 円386 Mil (As of Jun. 2024)


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What is Japan Excellent Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Excellent's accounts receivables for the quarter that ended in Jun. 2024 was 円386 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Excellent's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 6.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Excellent's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was 円-111,785.77.


Japan Excellent Accounts Receivable Historical Data

The historical data trend for Japan Excellent'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.

Japan Excellent Accounts Receivable Chart

Japan Excellent Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 380.01 325.77 310.30 423.47 355.88

Japan Excellent Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 310.79 423.47 336.67 355.88 386.00

Japan Excellent Accounts Receivable Calculation

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


Japan Excellent 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.

Japan Excellent's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=385.997/11460.137*91
=6.15

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

Japan Excellent's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(6908.642+0.75 * 385.997+0.5 * 0-154935.325
-0-0)/1.32161
=-111,785.77

* 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.


Japan Excellent Accounts Receivable Related Terms

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Japan Excellent Business Description

Traded in Other Exchanges
N/A
Address
1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.

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