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Edge Technology (TSE:4268) Accounts Receivable : 円324 Mil (As of Jan. 2024)


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What is Edge Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Edge Technology's accounts receivables for the quarter that ended in Jan. 2024 was 円324 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Edge Technology's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 38.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Edge Technology's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円53.44.


Edge Technology Accounts Receivable Historical Data

The historical data trend for Edge Technology'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.

Edge Technology Accounts Receivable Chart

Edge Technology Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Accounts Receivable
190.17 169.88 247.78 256.11

Edge Technology Quarterly Data
Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 278.78 256.11 266.42 305.75 324.23

Edge Technology Accounts Receivable Calculation

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


Edge Technology 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.

Edge Technology's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=324.227/767.61*91
=38.54

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

Edge Technology's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(629.667+0.75 * 324.227+0.5 * 0.084-299.378
-0-0)/10.7318
=53.44

* 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.


Edge Technology Accounts Receivable Related Terms

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Edge Technology (TSE:4268) Business Description

Traded in Other Exchanges
N/A
Address
1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN
Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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