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CyberAgent (CyberAgent) Accounts Receivable : $643 Mil (As of Mar. 2024)


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What is CyberAgent Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CyberAgent's accounts receivables for the quarter that ended in Mar. 2024 was $643 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CyberAgent's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CyberAgent's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.64.


CyberAgent Accounts Receivable Historical Data

The historical data trend for CyberAgent'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.

CyberAgent Accounts Receivable Chart

CyberAgent Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 510.67 554.51 683.55 505.09 563.92

CyberAgent 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 679.30 485.42 563.92 618.23 642.64

CyberAgent Accounts Receivable Calculation

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


CyberAgent 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.

CyberAgent's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=642.637/1435.937*91
=40.84

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

CyberAgent's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1484.155+0.75 * 642.637+0.5 * 71.066-1737.668
-0-589.7)/506.272
=-0.64

* 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.


CyberAgent Accounts Receivable Related Terms

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CyberAgent (CyberAgent) Business Description

Traded in Other Exchanges
Address
hibuya Mark City West 1-12-1 Dogenzaka, Shibuya-Ku, Tokyo, JPN, 150-0043
CyberAgent is one of the top digital advertising companies in Japan. Its main business is internet advertising, which accounts for over 50% of companywide revenue. Currently, it is one of the market leaders, with about 12% market share in the digital advertisement market, alongside Dentsu with 13% and Hakuhodo with 11%. It also operates a video game segment (about 20% of total revenue) and a media segment, which is mainly Abema, an online TV program streaming site (about 20% of total revenue).