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Japan Process Development Co (TSE:9651) Accounts Receivable : 円2,645 Mil (As of Feb. 2024)


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What is Japan Process Development Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Japan Process Development Co's accounts receivables for the quarter that ended in Feb. 2024 was 円2,645 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Japan Process Development Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 103.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Japan Process Development Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円516.88.


Japan Process Development Co Accounts Receivable Historical Data

The historical data trend for Japan Process Development 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.

Japan Process Development Co Accounts Receivable Chart

Japan Process Development Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,874.19 2,139.85 2,183.87 2,121.55 2,337.24

Japan Process Development Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2,586.24 2,337.24 2,519.81 2,464.35 2,645.31

Japan Process Development Co Accounts Receivable Calculation

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


Japan Process Development 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.

Japan Process Development Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2645.313/2341.587*91
=103.09

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

Japan Process Development Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(4556.295+0.75 * 2645.313+0.5 * 200.779-1641.144
-0-0)/9.67258
=516.88

* 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 Process Development Co Accounts Receivable Related Terms

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Japan Process Development Co (TSE:9651) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1 Hamamatsu-cho, World Trade Center Building, 26th Floor, Minato-ku, Tokyo, JPN, 105-6126
Japan Process Development Co., Ltd. is a Japan based system integration and software development company. It is involved in the control system business, automotive system business, specific information system business, embedded systems business, IT service business and others.

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