GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hulic Co Ltd (TSE:3003) » Definitions » Accounts Receivable

Hulic Co (TSE:3003) Accounts Receivable : 円10,735 Mil (As of Mar. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Hulic Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hulic Co's accounts receivables for the quarter that ended in Mar. 2024 was 円10,735 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hulic Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hulic Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円-2,151.02.


Hulic Co Accounts Receivable Historical Data

The historical data trend for Hulic 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.

Hulic Co Accounts Receivable Chart

Hulic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,747.00 4,645.00 4,876.00 7,097.00 8,992.00

Hulic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8,887.00 7,309.00 8,616.00 8,992.00 10,735.00

Hulic Co Accounts Receivable Calculation

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


Hulic 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10735/107593*91
=9.10

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

Hulic Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(129090+0.75 * 10735+0.5 * 242488-1890210
-0-4979)/760.942
=-2,151.02

* 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.


Hulic Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Hulic Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hulic Co (TSE:3003) Business Description

Traded in Other Exchanges
Address
7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN
Hulic Co Ltd engages in real estate leasing of office buildings, residential properties, retail properties, hotels, and other properties across Tokyo. Although leasing is the core business, the company also operates a reconstruction business, development business, and investment business. Hulic's office buildings consist primarily of medium-sized offices and are constructed with quake-damping technology to ensure reliability and safety. Office buildings constitute nearly half of Hulic's portfolio. Aside from leasing condominiums, residential properties include housing built exclusively for the elderly. The group traditionally has staked its real estate business on accessibility by placing properties near stations and in metropolitan areas.

Hulic Co (TSE:3003) Headlines

No Headlines