Daito Trust Construction Co (Daito Trust Construction Co) Accounts Receivable : $391 Mil (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Daito Trust Construction Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daito Trust Construction Co's accounts receivables for the quarter that ended in Mar. 2024 was $391 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daito Trust Construction Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 11.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daito Trust Construction Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-8.70.

Daito Trust Construction Co Accounts Receivable Historical Data

The historical data trend for Daito Trust Construction 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.

Daito Trust Construction Co Accounts Receivable Chart

Daito Trust Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

Get a 7-Day Free Trial

710.11

477.28

460.54

435.08

390.91

Daito Trust Construction 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															435.08	411.40	396.90	573.81	390.91

Daito Trust Construction Co Accounts Receivable Calculation

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

Daito Trust Construction 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.

Daito Trust Construction 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
=	390.906	/	3081.306	*	91
=	11.58

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

Daito Trust Construction 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)
=	(1665.721	+	0.75 * 390.906	+	0.5 * 601.955	-	4500.583
-	0	-	20.885)	/	260.099
=	-8.70

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.

Daito Trust Construction Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Daito Trust Construction Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DIFTY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

1878:Japan 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

From GuruFocus

Bernard Horn Comments on Daito Trust Construction

By Sydnee Gatewood • 10-27-2021

Daito Trust Construction Co Stock Appears To Be Modestly Undervalued

By GF Value GF Value • 05-05-2021