EXDW (Exceed World) Accounts Receivable: $0.52 Mil (As of Sep. 2025)

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EXDW Exceed World Inc EXDW
44 GF Score
Price $0.29
GF Value $0.15
! 8 Warning Signs
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What is Exceed World Accounts Receivable?

Exceed World EXDW 44 Accounts Receivable is $0.52 Mil as of Sep. 2025. GuruFocus rates EXDW with a GF Score™ of 44/100 and a GF Value™ of $0.15. The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Exceed World's accounts receivables for the quarter that ended in Sep. 2025 was $0.52 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Exceed World's Days Sales Outstanding for the quarter that ended in Sep. 2025 was 43.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Exceed World's Net-Net Working Capital per share for the quarter that ended in Sep. 2025 was $0.07.


Exceed World 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.

Exceed World's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.522/1.091*91
=43.66

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

Exceed World's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2025 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)
=(8.115+0.75 * 0.522+0.5 * 0.688-6.723
-0-0)/32.700
=0.07

* 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.


Exceed World Accounts Receivable Related Terms


Exceed World Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Exceed World'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.

Exceed World Accounts Receivable Chart

Exceed World Annual Data
Trend Nov15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.05 0.05 0.30 0.52

Exceed World Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.30 0.40 0.57 0.81 0.52
EXDW
44GF Score
Exceed World Inc EXDW
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Exceed World Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.52 Mil mean?
Exceed World (EXDW) has a Accounts Receivable of $0.52 Mil as of Sep. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Exceed World and its competitors.
Is Exceed World's Accounts Receivable too high?
Exceed World's current Accounts Receivable is $0.52 Mil. Overall, Exceed World has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Exceed World's Accounts Receivable compare to ASPU and WAFU?
Exceed World's Accounts Receivable of $0.52 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Education company?
A good Accounts Receivable depends on the Education industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Exceed World and its competitors. Exceed World's current Accounts Receivable is $0.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exceed World stock overvalued right now?
Exceed World (EXDW) has a current Accounts Receivable of $0.52 Mil. The stock's GF Value™ is $0.15, compared to a current price of $0.29 — trading 95% above its estimated fair value. The current Accounts Receivable is $0.52 Mil. Exceed World's overall GF Score™ is 44/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Exceed World (EXDW), the current Accounts Receivable is $0.52 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Exceed World (EXDW) Overvalued in 2026?

Based on GuruFocus' analysis, Exceed World stock appears to be overvalued. The current stock price of $0.29 is trading 95% above its estimated GF Value™ of $0.15.

Key valuation signals for EXDW:

  • Accounts Receivable: $0.52 Mil
  • GF Value™: $0.15 vs. price of $0.29 (95% above fair value)
  • GF Score™: 44/100 with 8 warning signs

No single metric tells the full story. See the EXDW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exceed World Business Description

Address 1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063
Exceed World Inc is engaged in the education service business and provides educational services through an internet platform called Force Club. The company is an education service provider in Japan, offering a range of e-learning education programs and supporting services through Force Club. Its e-learning programs, procured from independent third-party software developers, include pre-school learning resources, resources supplementing elementary, junior high, and senior high school curricula, preparation courses for university entrance and professional qualification examinations, and English learning, serving customers from pre-school children to students and adult learners, mainly as supplemental learning resources and self-learning tools.
44GF Score

Get the complete analysis for EXDW

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.29
Price
$0.15
GF Value