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Artner Co (TSE:2163) Accounts Receivable : 円1,241 Mil (As of Jan. 2024)


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What is Artner Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Artner Co's accounts receivables for the quarter that ended in Jan. 2024 was 円1,241 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Artner Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 44.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Artner Co's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円317.11.


Artner Co Accounts Receivable Historical Data

The historical data trend for Artner 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.

Artner Co Accounts Receivable Chart

Artner Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 932.11 895.93 1,011.15 1,129.52 1,240.52

Artner Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,129.52 1,288.97 1,365.74 1,402.76 1,240.52

Artner Co Accounts Receivable Calculation

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


Artner 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.

Artner Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1240.516/2556.587*91
=44.28

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

Artner Co's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(4277.61+0.75 * 1240.516+0.5 * 8.812-1842.935
-0-0)/10.6255
=317.11

* 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.


Artner Co Accounts Receivable Related Terms

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Artner Co (TSE:2163) Business Description

Traded in Other Exchanges
N/A
Address
2-5-5 Shinyokohama, Sumitomo Realty Shinyokohama Building, 5th Floor, Kohoku-ku Yokohama, Tokyo, JPN, 222-0033
Artner Co Ltd provides technical outsourcing services. The company offers machine designing for automotive machines, electronic and electrical designing for electronic circuit designing, and general controlling software for electronic equipment.

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