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Institution for a Global Society (TSE:4265) Accounts Receivable : 円172.5 Mil (As of Dec. 2023)


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What is Institution for a Global Society Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Institution for a Global Society's accounts receivables for the quarter that ended in Dec. 2023 was 円172.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Institution for a Global Society's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 89.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Institution for a Global Society's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円149.46.


Institution for a Global Society Accounts Receivable Historical Data

The historical data trend for Institution for a Global Society'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.

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Institution for a Global Society Accounts Receivable Chart

Institution for a Global Society Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
81.79 222.22 192.06 140.56

Institution for a Global Society Quarterly Data
Mar20 Mar21 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 192.51 140.56 62.98 123.17 172.52

Institution for a Global Society Accounts Receivable Calculation

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


Institution for a Global Society 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.

Institution for a Global Society's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=172.518/175.706*91
=89.59

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

Institution for a Global Society'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)
=(670.078+0.75 * 172.518+0.5 * 18.449-135.183
-0-0)/4.5063
=149.46

* 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.


Institution for a Global Society Accounts Receivable Related Terms

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Institution for a Global Society (TSE:4265) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, 1-11-2, Ebisu Minami, Shibuya-ku, Tokyo, JPN, 150-0022
Institution for a Global Society Corp is a people analytics company engaged in identification, recruitment and development of human capital. The company's predictive analytics software has been adopted by a wide range of organizations, including educational institutions, multinational corporations, international institutions and government agencies.

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