GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Enjin Co Ltd (TSE:7370) » Definitions » Accounts Receivable

Enjin Co (TSE:7370) Accounts Receivable : 円101 Mil (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Enjin Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Enjin Co's accounts receivables for the quarter that ended in Feb. 2024 was 円101 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Enjin Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 13.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Enjin Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円378.65.


Enjin Co Accounts Receivable Historical Data

The historical data trend for Enjin 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.

Enjin Co Accounts Receivable Chart

Enjin Co Annual Data
Trend May19 May20 May21 May22 May23
Accounts Receivable
47.25 37.19 46.15 81.82 105.99

Enjin Co Quarterly Data
May19 May20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 82.09 105.99 170.22 105.67 100.55

Enjin Co Accounts Receivable Calculation

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


Enjin 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.

Enjin Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=100.545/674.346*91
=13.61

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

Enjin Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(3263.888+0.75 * 100.545+0.5 * 9.809-695.195
-0-0)/6.99593
=378.65

* 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.


Enjin Co Accounts Receivable Related Terms

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


Enjin Co (TSE:7370) Business Description

Traded in Other Exchanges
N/A
Address
1-11-4 Umeda, 9th Floor, Osaka Ekimae Dai-Yon Building, Osaka-shi Kita-ku, Qsaka, JPN, 530-0001
Enjin Co Ltd is engaged in providing PR support service for enterprises, executives and medical institutions, doctors, and managing the matching platform.

Enjin Co (TSE:7370) Headlines

No Headlines