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Toho Holdings Co (TSE:8129) Accounts Receivable : 円358,902 Mil (As of Dec. 2023)


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What is Toho Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Toho Holdings Co's accounts receivables for the quarter that ended in Dec. 2023 was 円358,902 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Toho Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 85.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Toho Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,823.16.


Toho Holdings Co Accounts Receivable Historical Data

The historical data trend for Toho Holdings 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.

Toho Holdings Co Accounts Receivable Chart

Toho Holdings Co 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 298,771.00 298,374.00 314,334.00 329,629.00 350,896.00

Toho Holdings Co 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 329,629.00 328,097.00 355,045.00 358,902.00 350,896.00

Toho Holdings Co Accounts Receivable Calculation

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


Toho Holdings 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.

Toho Holdings 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
=358902/384703*91
=85.13

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

Toho Holdings 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)
=(128878+0.75 * 358902+0.5 * 94591-561171
-0-102)/63.5836
=-1,823.16

* 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.


Toho Holdings Co Accounts Receivable Related Terms

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Toho Holdings Co (TSE:8129) Business Description

Traded in Other Exchanges
N/A
Address
5-2-1, Daizawa, Setagaya-ku, Tokyo, JPN, 155-8655
Toho Holdings Co., Ltd. is a specialty and generic drug manufacturing company. The company's business includes pharmaceutical wholesaling and pharmacy dispensing. Toho also maintains a site-management organization business that assists a variety of medical establishments, ranging from large medical institutions to private clinics with a wide range of clinical trials under contract. The company supports medical institutions suitable for respective trials to improve the quality and speed of clinical trials. Toho generates additional revenue through software sales to medical institutions.

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