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Yakult Honsha Co (TSE:2267) Accounts Receivable : 円68,613 Mil (As of Dec. 2023)


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What is Yakult Honsha Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yakult Honsha Co's accounts receivables for the quarter that ended in Dec. 2023 was 円68,613 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yakult Honsha Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 46.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yakult Honsha Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円234.86.


Yakult Honsha Co Accounts Receivable Historical Data

The historical data trend for Yakult Honsha 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.

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Yakult Honsha Co Accounts Receivable Chart

Yakult Honsha 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 52,880.00 51,832.00 50,307.00 52,581.00 60,139.00

Yakult Honsha 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 69,511.00 60,139.00 65,170.00 67,300.00 68,613.00

Yakult Honsha Co Accounts Receivable Calculation

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


Yakult Honsha 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.

Yakult Honsha 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
=68613/134892*91
=46.41

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

Yakult Honsha 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)
=(271046+0.75 * 68613+0.5 * 37546-207965
-0-60844)/308.569
=234.86

* 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.


Yakult Honsha Co Accounts Receivable Related Terms

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Yakult Honsha Co (TSE:2267) Business Description

Traded in Other Exchanges
Address
1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021
Yakult is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the U.S. It also operates a pharmaceutical business with an emphasis on oncology drugs.

Yakult Honsha Co (TSE:2267) Headlines

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