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Toshiba Tec (TSE:6588) Accounts Receivable : 円70,355 Mil (As of Dec. 2023)


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What is Toshiba Tec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toshiba Tec's accounts receivables for the quarter that ended in Dec. 2023 was 円70,355 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Toshiba Tec's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toshiba Tec's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,958.00.


Toshiba Tec Accounts Receivable Historical Data

The historical data trend for Toshiba Tec'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.

Toshiba Tec Accounts Receivable Chart

Toshiba Tec 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 59,701.00 63,928.00 70,846.00 74,293.00 86,520.00

Toshiba Tec 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 74,293.00 70,492.00 75,558.00 70,355.00 86,520.00

Toshiba Tec Accounts Receivable Calculation

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


Toshiba Tec 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.

Toshiba Tec's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=70355/133073*91
=48.24

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

Toshiba Tec'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)
=(39927+0.75 * 70355+0.5 * 61897-220238
-0-7040)/52.9296
=-1,958.00

* 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.


Toshiba Tec Accounts Receivable Related Terms

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Toshiba Tec (TSE:6588) Business Description

Traded in Other Exchanges
Address
1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

Toshiba Tec (TSE:6588) Headlines

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