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Hotel Newgrand Co (TSE:9720) Accounts Receivable : 円467 Mil (As of Nov. 2024)


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What is Hotel Newgrand Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hotel Newgrand Co's accounts receivables for the quarter that ended in Nov. 2024 was 円467 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hotel Newgrand Co's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was 円-1,736.75.


Hotel Newgrand Co Accounts Receivable Historical Data

The historical data trend for Hotel Newgrand 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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Hotel Newgrand Co Accounts Receivable Chart

Hotel Newgrand Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 273.56 242.29 345.01 416.08 466.92

Hotel Newgrand Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 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 363.39 416.08 327.95 439.95 466.92

Hotel Newgrand Co Accounts Receivable Calculation

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


Hotel Newgrand 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.

Hotel Newgrand Co's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=466.915/0*91
=

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

Hotel Newgrand Co'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)
=(2475.492+0.75 * 466.915+0.5 * 121.012-4937.291
-0-0)/1.181
=-1,736.75

* 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.


Hotel Newgrand Co Accounts Receivable Related Terms

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Hotel Newgrand Co Business Description

Traded in Other Exchanges
N/A
Address
10, Yamashita-cho, Naka-ku, Kanagawa, Yokohama-shi, JPN, 231-8520
Hotel Newgrand Co Ltd is engaged in lodging operations. The company operates restaurants with different accommodation plans and rooms.

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