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Daiseki Co (TSE:9793) Accounts Receivable : 円9,658 Mil (As of Aug. 2024)


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What is Daiseki Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daiseki Co's accounts receivables for the quarter that ended in Aug. 2024 was 円9,658 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daiseki Co's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 54.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daiseki Co's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was 円204.67.


Daiseki Co Accounts Receivable Historical Data

The historical data trend for Daiseki 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.

Daiseki Co Accounts Receivable Chart

Daiseki Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,071.00 8,023.00 8,488.00 9,254.00 11,030.00

Daiseki Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 12,745.00 11,030.00 9,938.00 9,658.00 11,251.00

Daiseki Co Accounts Receivable Calculation

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


Daiseki 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.

Daiseki Co's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9658/16088*91
=54.78

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

Daiseki Co's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(29146+0.75 * 9658+0.5 * 2251-18513
-0-9177)/48.003
=204.67

* 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.


Daiseki Co Accounts Receivable Related Terms

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Daiseki Co Business Description

Traded in Other Exchanges
Address
1-86 Funami-cho Minato-ku, Aichi, Nagoya, JPN, 4558505
Daiseki Co Ltd provides industrial waste treatment and resource recycling throughout Japan. Its core business activities are treating waste oil, waste water, and sludge. It collects and recycles oils and waste water from clients and processes the waste into heavy oil or supplemental fuel. Separators and filters remove deteriorated components, and other systems either refine or adjust products into reusable form. Final products are either delivered back to clients or shipped to market. Advanced technology partners with experienced employees to analyze and classify the particular waste to determine the correct solution; methods revolve around dehydration, kneading, and a combination of mixing and chemical treatment.

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