GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mizuho Leasing Co Ltd (TSE:8425) » Definitions » Accounts Receivable

Mizuho Leasing Co (TSE:8425) Accounts Receivable : 円835,466 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Mizuho Leasing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mizuho Leasing Co's accounts receivables for the quarter that ended in Dec. 2023 was 円835,466 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mizuho Leasing Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 330.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mizuho Leasing Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-7,601.73.


Mizuho Leasing Co Accounts Receivable Historical Data

The historical data trend for Mizuho Leasing 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.

Mizuho Leasing Co Accounts Receivable Chart

Mizuho Leasing 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 550,257.00 632,404.00 697,330.00 765,354.00 848,705.00

Mizuho Leasing 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 765,354.00 795,141.00 796,633.00 835,466.00 848,705.00

Mizuho Leasing Co Accounts Receivable Calculation

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


Mizuho Leasing 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.

Mizuho Leasing 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
=835466/230946*91
=330.10

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

Mizuho Leasing 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)
=(394940+0.75 * 835466+0.5 * 0-2848795
-0-20838)/243.115
=-7,601.73

* 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.


Mizuho Leasing Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mizuho Leasing Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mizuho Leasing Co (TSE:8425) Business Description

Traded in Other Exchanges
N/A
Address
2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001
Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.

Mizuho Leasing Co (TSE:8425) Headlines

No Headlines