GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Maruichi Steel Tube Ltd (TSE:5463) » Definitions » Accounts Receivable

Maruichi Steel Tube (TSE:5463) Accounts Receivable : 円56,212 Mil (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Maruichi Steel Tube Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Maruichi Steel Tube's accounts receivables for the quarter that ended in Dec. 2023 was 円56,212 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Maruichi Steel Tube's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 74.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Maruichi Steel Tube's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円1,165.57.


Maruichi Steel Tube Accounts Receivable Historical Data

The historical data trend for Maruichi Steel Tube'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.

Maruichi Steel Tube Accounts Receivable Chart

Maruichi Steel Tube 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 33,665.00 37,473.00 50,248.00 52,835.00 55,221.00

Maruichi Steel Tube 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 52,835.00 57,058.00 57,548.00 56,212.00 55,221.00

Maruichi Steel Tube Accounts Receivable Calculation

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


Maruichi Steel Tube 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.

Maruichi Steel Tube's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=56212/68420*91
=74.97

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

Maruichi Steel Tube'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)
=(98450+0.75 * 56212+0.5 * 62492-67956
-0-11092)/79.6235
=1,165.57

* 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.


Maruichi Steel Tube Accounts Receivable Related Terms

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


Maruichi Steel Tube (TSE:5463) Business Description

Traded in Other Exchanges
N/A
Address
29th Floor, Nambaskyo, 1-60, 5, Chome, Namba, Chuo-ku, Osaka, JPN, 542-0076
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tube and steel sheet coating. Japan, North America, and Asia excluding Japan are the three largest markets for the company. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motor cycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others. It has plants across North America and Asia.

Maruichi Steel Tube (TSE:5463) Headlines

No Headlines