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Tokyu Land (FRA:TOL) Change In Receivables : €19 Mil (TTM As of Dec. 2013)


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What is Tokyu Land Change In Receivables?

Tokyu Land's change in receivables for the quarter that ended in Dec. 2013 was €0 Mil. It means Tokyu Land's Accounts Receivable stayed the same from Sep. 2013 to Dec. 2013 .

Tokyu Land's change in receivables for the fiscal year that ended in Mar. 2013 was €-1 Mil. It means Tokyu Land's Accounts Receivable increased by €1 Mil from Mar. 2012 to Mar. 2013 .

Tokyu Land's Accounts Receivable for the quarter that ended in Dec. 2013 was €79 Mil.

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 Receivable are being managed. Tokyu Land's Days Sales Outstanding for the three months ended in Dec. 2013 was 8.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tokyu Land's liquidation value for the three months ended in Dec. 2013 was €-8,543 Mil.


Tokyu Land Change In Receivables Historical Data

The historical data trend for Tokyu Land's Change In Receivables 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.

Tokyu Land Change In Receivables Chart

Tokyu Land Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.50 -14.52 1.25 -18.82 -1.26

Tokyu Land Quarterly Data
Dec08 Mar09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Change In Receivables 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 - - - 18.55 -

Tokyu Land Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €19 Mil.

* 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.


Tokyu Land  (FRA:TOL) Change In Receivables 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 Receivable are being managed.

Tokyu Land's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=78.715/808.976*91
=8.88

2. In Ben Graham's calculation of liquidation value, Tokyu Land's accounts receivable are only considered to be worth 75% of book value:

Tokyu Land's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=259.917-9768.044+0.75 * 78.715+0.5 * 1813.005
=-8,543

* 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.


Tokyu Land Change In Receivables Related Terms

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Tokyu Land (FRA:TOL) Business Description

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Tokyu Land Corp is a real estate company engaged in seven business segments, namely real estate sales, contracted construction, retail sales, leasing of real estate, property management, resorts and real estate agents and other.