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Kanagawa Chuo Kotsu Co (TSE:9081) Accounts Receivable : 円10,012 Mil (As of Dec. 2023)


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What is Kanagawa Chuo Kotsu Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kanagawa Chuo Kotsu Co's accounts receivables for the quarter that ended in Dec. 2023 was 円10,012 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kanagawa Chuo Kotsu Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kanagawa Chuo Kotsu Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-6,881.76.


Kanagawa Chuo Kotsu Co Accounts Receivable Historical Data

The historical data trend for Kanagawa Chuo Kotsu 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.

Kanagawa Chuo Kotsu Co Accounts Receivable Chart

Kanagawa Chuo Kotsu 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 9,824.00 9,782.00 8,589.00 7,910.00 9,499.00

Kanagawa Chuo Kotsu 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 8,817.00 9,499.00 8,992.00 9,694.00 10,012.00

Kanagawa Chuo Kotsu Co Accounts Receivable Calculation

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


Kanagawa Chuo Kotsu 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.

Kanagawa Chuo Kotsu 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
=10012/30329*91
=30.12

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

Kanagawa Chuo Kotsu 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)
=(3391+0.75 * 10012+0.5 * 13285-97026
-0-4966)/12.2715
=-6,881.76

* 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.


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Kanagawa Chuo Kotsu Co (TSE:9081) Business Description

Traded in Other Exchanges
N/A
Address
6-18 Yaezaki-cho, Kanagawa, JPN
Kanagawa Chuo Kotsu Co Ltd is a Japan-based company engaged in the business of passenger car transportation, real estate, food and entertainment, and hotel. Primarily, it is mainly involved in providing transportation through its bus business. The company renders services such as vehicles for share-ride, rent, and sale, and leasing of real estate properties. In addition, it also offers amusement, hotel facilities, movies and many more.

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