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Jenoba Co (TSE:5570) Accounts Receivable : 円109 Mil (As of Sep. 2023)


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What is Jenoba Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jenoba Co's accounts receivables for the quarter that ended in Sep. 2023 was 円109 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jenoba Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 16.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jenoba Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was 円214.72.


Jenoba Co Accounts Receivable Historical Data

The historical data trend for Jenoba 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.

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Jenoba Co Accounts Receivable Chart

Jenoba Co Annual Data
Trend Sep21 Sep22 Sep23
Accounts Receivable
102.27 105.03 108.85

Jenoba Co Semi-Annual Data
Sep21 Sep22 Sep23
Accounts Receivable 102.27 105.03 108.85

Jenoba Co Accounts Receivable Calculation

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


Jenoba 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.

Jenoba Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=108.854/1206.181*91
=16.47

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

Jenoba Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(3231.952+0.75 * 108.854+0.5 * 11.277-399.504
-0-0)/13.598
=214.72

* 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.


Jenoba Co Accounts Receivable Related Terms

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Jenoba Co (TSE:5570) Business Description

Traded in Other Exchanges
N/A
Address
1-34-4 Kanda Suda-cho, 6th Floor, Kanda Glow Building, Chiyoda-ku, Tokyo, JPN, 101-0041
Jenoba Co Ltd is engaged in the positional information data distribution service business.

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