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Kato Works Co (TSE:6390) Accounts Receivable : 円21,620 Mil (As of Dec. 2023)


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What is Kato Works Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kato Works Co's accounts receivables for the quarter that ended in Dec. 2023 was 円21,620 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kato Works Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 182.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kato Works Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円294.83.


Kato Works Co Accounts Receivable Historical Data

The historical data trend for Kato Works 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.

* Premium members only.

Kato Works Co Accounts Receivable Chart

Kato Works Co 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 42,917.00 39,284.00 32,813.00 28,339.00 25,059.00

Kato Works Co 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 21,858.00 25,059.00 22,094.00 24,824.00 21,620.00

Kato Works Co Accounts Receivable Calculation

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


Kato Works 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.

Kato Works Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21620/10797*91
=182.72

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

Kato Works Co'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)
=(23130+0.75 * 21620+0.5 * 36257-52803
-0-1216)/11.7168
=294.83

* 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.


Kato Works Co Accounts Receivable Related Terms

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Kato Works Co (TSE:6390) Business Description

Traded in Other Exchanges
N/A
Address
9-37, Higashi-ohi 1-chome, Shinagawa-ku, Tokyo, JPN, 140-0011
Kato Works Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sales of machinery used for lifting and construction industries. It offers various construction equipments, mobile cranes and industrial equipments including truck cranes, hydraulic excavators, rough terrain cranes, all terrain cranes, crawler cranes, mini excavators, earth boring rigs, vacuum truck, street sweepers, and snow sweepers. Kato also offers parts and services. It has Global network with presence in Iceland, Norway, Netherlands, Ireland, South Africa, Australia, Fiji, Colombia, Taiwan, Bangladesh, Turkey, Kuwait, Iraq, Iran, South Korea, among others.

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