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ESCON Japan REIT Investment (TSE:2971) Accounts Receivable : 円100 Mil (As of Jul. 2023)


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What is ESCON Japan REIT Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ESCON Japan REIT Investment's accounts receivables for the quarter that ended in Jul. 2023 was 円100 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ESCON Japan REIT Investment's Days Sales Outstanding for the quarter that ended in Jul. 2023 was 7.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ESCON Japan REIT Investment's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was 円-96,470.25.


ESCON Japan REIT Investment Accounts Receivable Historical Data

The historical data trend for ESCON Japan REIT Investment'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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ESCON Japan REIT Investment Accounts Receivable Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
Accounts Receivable
29.47 39.67 41.59 64.51

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.44 64.51 55.61 100.25 -

ESCON Japan REIT Investment Accounts Receivable Calculation

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


ESCON Japan REIT Investment 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.

ESCON Japan REIT Investment's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=100.249/2497.731*91
=7.32

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

ESCON Japan REIT Investment's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(2318.451+0.75 * 100.249+0.5 * 0-36348.27
-0-0)/0.35197
=-96,470.25

* 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.


ESCON Japan REIT Investment Accounts Receivable Related Terms

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ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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