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Tokyo Ohka Kogyo Co (TSE:4186) Accounts Receivable : 円35,579 Mil (As of Mar. 2024)


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What is Tokyo Ohka Kogyo Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tokyo Ohka Kogyo Co's accounts receivables for the quarter that ended in Mar. 2024 was 円35,579 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tokyo Ohka Kogyo Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tokyo Ohka Kogyo Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円332.21.


Tokyo Ohka Kogyo Co Accounts Receivable Historical Data

The historical data trend for Tokyo Ohka Kogyo 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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Tokyo Ohka Kogyo Co Accounts Receivable Chart

Tokyo Ohka Kogyo Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,887.00 26,302.00 33,894.00 35,811.00 33,898.00

Tokyo Ohka Kogyo Co 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 31,142.00 31,435.00 33,227.00 33,898.00 35,579.00

Tokyo Ohka Kogyo Co Accounts Receivable Calculation

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


Tokyo Ohka Kogyo 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.

Tokyo Ohka Kogyo Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35579/45017*91
=72.12

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

Tokyo Ohka Kogyo Co'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)
=(70413+0.75 * 35579+0.5 * 33318-64467
-0-9065)/121.079
=332.21

* 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.


Tokyo Ohka Kogyo Co Accounts Receivable Related Terms

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Tokyo Ohka Kogyo Co (TSE:4186) Business Description

Traded in Other Exchanges
N/A
Address
150 Nakamaruko, Nakahara-ku, Kanagawa, Kawasaki, JPN, 211-0012
Tokyo Ohka Kogyo Co Ltd is a Japan-based company that manufactures functional materials and processing equipment. The processing equipment sold by the firm are primarily used in the manufacturing of semiconductors and liquid crystal display products. The materials used in the manufacturing of these products are also sold by the company, particularly for the photolithography process. The firm also sells inorganic and organic chemicals. Tokyo Ohka Kogyo has manufacturing facilities in the United States, Taiwan, China, and South Korea.

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