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Atlas Technologies (TSE:9563) Accounts Receivable : 円298 Mil (As of Mar. 2024)


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What is Atlas Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atlas Technologies's accounts receivables for the quarter that ended in Mar. 2024 was 円298 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atlas Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atlas Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円233.40.


Atlas Technologies Accounts Receivable Historical Data

The historical data trend for Atlas Technologies'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.

Atlas Technologies Accounts Receivable Chart

Atlas Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
274.92 442.35 411.52 321.05

Atlas Technologies Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 423.49 363.96 406.41 321.05 297.62

Atlas Technologies Accounts Receivable Calculation

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


Atlas Technologies 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.

Atlas Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=297.615/510.554*91
=53.19

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

Atlas Technologies'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)
=(1750.196+0.75 * 297.615+0.5 * 0-253.242
-0-0)/7.37
=233.40

* 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.


Atlas Technologies Accounts Receivable Related Terms

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Atlas Technologies (TSE:9563) Business Description

Traded in Other Exchanges
N/A
Address
2-7-3 Hirakawa-cho, Chiyoda-ku, Tokyo, JPN, 102-0093
Atlas Technologies Corp is engaged in the planning, development, and operation of Fintech business Consulting/project execution support services in the Fintech area.

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