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Nikkiso Co (TSE:6376) Accounts Receivable : 円63,760 Mil (As of Mar. 2024)


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What is Nikkiso Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nikkiso Co's accounts receivables for the quarter that ended in Mar. 2024 was 円63,760 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nikkiso Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 120.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nikkiso Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-993.09.


Nikkiso Co Accounts Receivable Historical Data

The historical data trend for Nikkiso 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.

Nikkiso Co Accounts Receivable Chart

Nikkiso Co Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53,256.00 51,467.00 56,532.00 53,628.00 62,674.00

Nikkiso 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 52,566.00 55,173.00 54,094.00 62,674.00 63,760.00

Nikkiso Co Accounts Receivable Calculation

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


Nikkiso 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.

Nikkiso 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
=63760/48251*91
=120.58

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

Nikkiso 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)
=(35843+0.75 * 63760+0.5 * 60125-177480
-0-1971)/66.1828
=-993.09

* 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.


Nikkiso Co Accounts Receivable Related Terms

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Nikkiso Co (TSE:6376) Business Description

Traded in Other Exchanges
Address
4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Nikkiso is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a global presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

Nikkiso Co (TSE:6376) Headlines

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