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Macnica Holdings (TSE:3132) Accounts Receivable : 円194,059 Mil (As of Mar. 2024)


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What is Macnica Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Macnica Holdings's accounts receivables for the quarter that ended in Mar. 2024 was 円194,059 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Macnica Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Macnica Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-111.30.


Macnica Holdings Accounts Receivable Historical Data

The historical data trend for Macnica Holdings'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.

Macnica Holdings Accounts Receivable Chart

Macnica Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 106,614.00 117,779.00 152,062.00 193,743.00 194,059.00

Macnica Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 193,743.00 201,782.00 208,043.00 188,564.00 194,059.00

Macnica Holdings Accounts Receivable Calculation

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


Macnica Holdings 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.

Macnica Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=194059/228415*91
=77.53

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

Macnica Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(38710+0.75 * 194059+0.5 * 234001-295825
-0-12106)/59.9853
=-111.30

* 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.


Macnica Holdings Accounts Receivable Related Terms

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Macnica Holdings (TSE:3132) Business Description

Traded in Other Exchanges
N/A
Address
1-6-3 Shinyokohama, Kohoku Ward, Kanagawa Prefecture, Yokohama, JPN
Macnica Holdings Inc is an independent electronics distribution company in Japan. The company imports, exports and distributes electronic components such as semiconductor devices and Integrated Circuit (IC), and business accompanying or pertaining to such activities. Its business segments are the Integrated Circuit, Electronic Devices, and Other Business and the Network Business. The IC, Electronic Devices, and Other Business handle the sales of products such as ICs and electronic devices and the Network Business is responsible for the sales of network-related hardware, software, and services.

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