GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Fudosan Holdings Corp (TSE:3289) » Definitions » Accounts Receivable

Tokyu Fudosan Holdings (TSE:3289) Accounts Receivable : 円44,071 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Tokyu Fudosan Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tokyu Fudosan Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円44,071 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tokyu Fudosan Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 17.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tokyu Fudosan Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-2,140.01.


Tokyu Fudosan Holdings Accounts Receivable Historical Data

The historical data trend for Tokyu Fudosan Holdings'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.

Tokyu Fudosan Holdings Accounts Receivable Chart

Tokyu Fudosan Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35,940.00 41,842.00 39,212.00 45,771.00 56,192.00

Tokyu Fudosan Holdings 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 45,771.00 35,924.00 38,572.00 44,071.00 56,192.00

Tokyu Fudosan Holdings Accounts Receivable Calculation

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


Tokyu Fudosan Holdings 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.

Tokyu Fudosan Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=44071/227125*91
=17.71

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

Tokyu Fudosan Holdings'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)
=(222167+0.75 * 44071+0.5 * 923160-2220951
-0-18850)/711.679
=-2,140.01

* 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.


Tokyu Fudosan Holdings Accounts Receivable Related Terms

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


Tokyu Fudosan Holdings (TSE:3289) Business Description

Traded in Other Exchanges
Address
Shin-nanpeidai Tokyu Building, Dogenzaka 1-21-2, Shibuya-ku, Tokyo, JPN
Tokyu Fudosan Holdings Corp engages in the management and administration of a host of businesses. The business that compose Tokyu Fudosan Holdings operate in the following business segments: urban development, residential, wellness, innovation, property management, real estate agency, and tokyu hands. Altogether, the group develops, leases, and operates office buildings, commercial facilities, rental residences, and other properties. Tokyu's host of businesses also engage in management and operation of resort facilities, sports clubs, and senior housing. Businesses like the innovation segment serve as a complement and include overseas operations, custom homes, renovation, and landscaping.

Tokyu Fudosan Holdings (TSE:3289) Headlines

No Headlines