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Sakai Heavy Industries (TSE:6358) Accounts Receivable : 円6,864 Mil (As of Dec. 2023)


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What is Sakai Heavy Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sakai Heavy Industries's accounts receivables for the quarter that ended in Dec. 2023 was 円6,864 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sakai Heavy Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 83.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sakai Heavy Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円549.88.


Sakai Heavy Industries Accounts Receivable Historical Data

The historical data trend for Sakai Heavy Industries'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.

Sakai Heavy Industries Accounts Receivable Chart

Sakai Heavy Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,907.77 6,251.99 6,479.36 7,137.75 8,068.89

Sakai Heavy Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8,171.20 8,068.89 7,706.81 7,952.55 6,864.31

Sakai Heavy Industries Accounts Receivable Calculation

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


Sakai Heavy Industries 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.

Sakai Heavy Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6864.31/7516.061*91
=83.34

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

Sakai Heavy Industries'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)
=(7674.361+0.75 * 6864.31+0.5 * 12062.335-16440.337
-0-75.844)/4.25105
=549.88

* 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.


Sakai Heavy Industries Accounts Receivable Related Terms

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Sakai Heavy Industries (TSE:6358) Business Description

Traded in Other Exchanges
N/A
Address
1-4-8 Shiba Daimon Minato-ku, Tokyo, JPN, 105-0012
Sakai Heavy Industries Ltd is a Japan-based construction machinery manufacturing company. It is mainly engaged in the manufacturing and sale of compaction, road maintenance, and repair machines. Products offered by the company include earthmoving vibration roller, earthmoving vibration tandem roller, tire roller, macadam roller, vibrating tandem roller, vibrating combined roller, vibrating tire roller, vibrating macadam roller, rammer, plate compactor, backward and reverse plate compactor, handguide roller, road cutter, road stabilizer, asphalt finisher, drainage paving function recovery car, and sprinkler wheel.

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