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Iino Kaiun Kaisha (TSE:9119) Accounts Receivable : 円10,490 Mil (As of Dec. 2023)


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What is Iino Kaiun Kaisha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Iino Kaiun Kaisha's accounts receivables for the quarter that ended in Dec. 2023 was 円10,490 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Iino Kaiun Kaisha's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Iino Kaiun Kaisha's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,165.46.


Iino Kaiun Kaisha Accounts Receivable Historical Data

The historical data trend for Iino Kaiun Kaisha'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.

Iino Kaiun Kaisha Accounts Receivable Chart

Iino Kaiun Kaisha 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 7,006.00 7,536.00 10,956.00 11,656.00 12,858.00

Iino Kaiun Kaisha 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 11,656.00 11,856.00 12,189.00 10,490.00 12,858.00

Iino Kaiun Kaisha Accounts Receivable Calculation

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


Iino Kaiun Kaisha 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.

Iino Kaiun Kaisha's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10490/35894*91
=26.67

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

Iino Kaiun Kaisha'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)
=(18533+0.75 * 10490+0.5 * 5087-152201
-0-53)/105.804
=-1,165.46

* 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.


Iino Kaiun Kaisha Accounts Receivable Related Terms

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Iino Kaiun Kaisha (TSE:9119) Business Description

Traded in Other Exchanges
N/A
Address
Iino Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011
Iino Kaiun Kaisha Ltd is a transportation and logistics company domiciled in Japan. The company organises itself into three segments: oceangoing shipping, regional shipping, and real estate. The oceangoing shipping segment, which generates the majority of revenue, owns and operates oil and chemical tankers, large gas carriers to transport liquefied natural and liquefied petroleum gas, and dry bulk carriers. The regional shipping segment operates small gas carriers. The real estate segment invest in and leases office buildings.

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