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21 Lady Co (NGO:3346) Accounts Receivable : 円372 Mil (As of Dec. 2023)


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What is 21 Lady Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 21 Lady Co's accounts receivables for the quarter that ended in Dec. 2023 was 円372 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 21 Lady Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 53.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 21 Lady Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-74.51.


21 Lady Co Accounts Receivable Historical Data

The historical data trend for 21 Lady 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.

21 Lady Co Accounts Receivable Chart

21 Lady Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.44 171.50 192.40 216.73 239.75

21 Lady Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 368.40 239.75 204.76 259.50 371.90

21 Lady Co Accounts Receivable Calculation

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


21 Lady 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.

21 Lady Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=371.897/631.291*91
=53.76

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 21 Lady Co's accounts receivable are only considered to be worth 75% of book value:

21 Lady Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(73.104+0.75 * 371.897+0.5 * 170.412-1501.611
-0-0)/14.2851
=-74.51

* 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.


21 Lady Co Accounts Receivable Related Terms

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21 Lady Co (NGO:3346) Business Description

Traded in Other Exchanges
N/A
Address
Fifth Building, 5th Nibancho, Chiyoda-ku, Chiyoda-ku, Tokyo, JPN
21 Lady Co Ltd is engaged in manufacturing and selling confectionery products for women and their families. It engages in the manufacture, wholesale, and retail of cream puffs and confectionary through its confectionary shops, supermarkets, and convenience stores; and operates Hirota sweets cafes. The company also plans, develops, and operates an interior shop under the Ilumsborgs brand that sells tableware and fabrics, furniture and lighting, miscellaneous goods, interior goods, and kitchen supplies.

21 Lady Co (NGO:3346) Headlines

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