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Ichigo Hotel REIT Investment (TSE:3463) Accounts Receivable : 円277 Mil (As of Jul. 2023)


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What is Ichigo Hotel REIT Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ichigo Hotel REIT Investment's accounts receivables for the quarter that ended in Jul. 2023 was 円277 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ichigo Hotel REIT Investment's Days Sales Outstanding for the quarter that ended in Jul. 2023 was 28.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ichigo Hotel REIT Investment's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was 円-97,515.36.


Ichigo Hotel REIT Investment Accounts Receivable Historical Data

The historical data trend for Ichigo Hotel 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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Ichigo Hotel REIT Investment Accounts Receivable Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial 215.96 182.79 148.57 165.39 277.27

Ichigo Hotel REIT Investment Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 148.57 88.97 165.39 254.64 277.27

Ichigo Hotel REIT Investment Accounts Receivable Calculation

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


Ichigo Hotel 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.

Ichigo Hotel 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
=277.272/1796.545*91
=28.17

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

Ichigo Hotel 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)
=(1651.479+0.75 * 277.272+0.5 * 0-26722.924
-0-0)/0.25497
=-97,515.36

* 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.


Ichigo Hotel REIT Investment Accounts Receivable Related Terms

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Ichigo Hotel REIT Investment (TSE:3463) Business Description

Traded in Other Exchanges
N/A
Address
Uchisaiwaicho 1-1-1, Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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