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Kagetsuenkanko Co (TSE:9674) Accounts Receivable : 円110.4 Mil (As of Jun. 2019)


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What is Kagetsuenkanko Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kagetsuenkanko Co's accounts receivables for the quarter that ended in Jun. 2019 was 円110.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kagetsuenkanko Co's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 50.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kagetsuenkanko Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was 円-222.95.


Kagetsuenkanko Co Accounts Receivable Historical Data

The historical data trend for Kagetsuenkanko 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.

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Kagetsuenkanko Co Accounts Receivable Chart

Kagetsuenkanko Co Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.78 92.66 75.02 78.23 73.61

Kagetsuenkanko Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 103.78 90.79 85.56 73.61 110.36

Kagetsuenkanko Co Accounts Receivable Calculation

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


Kagetsuenkanko 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.

Kagetsuenkanko Co's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=110.359/197.804*91
=50.91

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

Kagetsuenkanko Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=(76.853+0.75 * 110.359+0.5 * 0-551.388
-0-0)/1.75718
=-222.95

* 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.


Kagetsuenkanko Co Accounts Receivable Related Terms

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Kagetsuenkanko Co (TSE:9674) Business Description

Traded in Other Exchanges
N/A
Address
3-7-2, Sakuragi-cho, Naka-ku, Yokohama, JPN, 231-0062
Kagetsuenkanko Co Ltd is engaged in contract research facilities leasing and operation of pari-mutuel ticket out of the park department dedicated in guilin and pari-mutuel ticket out of the park facilities leasing of a dedicated department in guilin.

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