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Yokohama Wright Industries Co (TSE:1452) Accounts Receivable : 円287 Mil (As of Aug. 2023)


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What is Yokohama Wright Industries Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yokohama Wright Industries Co's accounts receivables for the quarter that ended in Aug. 2023 was 円287 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yokohama Wright Industries Co's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 59.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yokohama Wright Industries Co's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was 円4,030.54.


Yokohama Wright Industries Co Accounts Receivable Historical Data

The historical data trend for Yokohama Wright Industries 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.

Yokohama Wright Industries Co Accounts Receivable Chart

Yokohama Wright Industries Co Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial 257.42 407.64 331.31 482.25 546.26

Yokohama Wright Industries Co Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 513.40 482.25 387.56 546.26 286.74

Yokohama Wright Industries Co Accounts Receivable Calculation

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


Yokohama Wright Industries 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.

Yokohama Wright Industries Co's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=286.742/873.532*91
=59.91

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

Yokohama Wright Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(585.095+0.75 * 286.742+0.5 * 0-609.507
-0-0)/0.0473
=4,030.54

* 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.


Yokohama Wright Industries Co Accounts Receivable Related Terms

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Yokohama Wright Industries Co (TSE:1452) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
870 Imaicho, Hodogaya-ku, Yokohama, Kanagawa Prefecture, Tokyo, JPN, 240-0035
YOKOHAMA WRIGHT Industries Co Ltd is engaged in providing engineering and construction services. The company's services include existing pile removal work, demolition and civil engineering set, underground obstacle removal work, mega solar business, among others.

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