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inspec (TSE:6656) Accounts Receivable : 円318 Mil (As of Jan. 2024)


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What is inspec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. inspec's accounts receivables for the quarter that ended in Jan. 2024 was 円318 Mil.

Accounts receivable can be measured by Days Sales Outstanding. inspec's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 96.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. inspec's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円-282.28.


inspec Accounts Receivable Historical Data

The historical data trend for inspec'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.

inspec Accounts Receivable Chart

inspec Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 416.68 243.29 275.08 381.20 993.78

inspec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 635.59 993.78 570.95 65.83 318.34

inspec Accounts Receivable Calculation

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


inspec 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.

inspec's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=318.336/302.344*91
=96.08

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

inspec's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=(471.138+0.75 * 318.336+0.5 * 1634.917-2658.355
-0-0)/4.00664
=-282.28

* 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.


inspec Accounts Receivable Related Terms

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inspec (TSE:6656) Business Description

Traded in Other Exchanges
N/A
Address
79-1 Kumokai Arayashiki Kakunodatemachi, Senhoku-shi, JPN, 014-0341
inspec Inc is engaged as manufacturer of visual inspection equipment that inspects the appearance of semiconductors and various IT related services. The company also offers services like regular maintenance, calibration service, and operation support services.

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