IPCEF (ispace) Accounts Receivable: $0.18 Mil (As of Mar. 2026)

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IPCEF ispace inc IPCEF
48 GF Score
Price $2.50
GF Value $5.43
Valuation Possible Value Trap
! 4 Warning Signs
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What is ispace Accounts Receivable?

ispace IPCEF -5.66% 48 Accounts Receivable is $0.18 Mil as of Mar. 2026. GuruFocus rates IPCEF with a GF Score™ of 48/100 and a GF Value™ of $5.43 (Possible Value Trap). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ispace's accounts receivables for the quarter that ended in Mar. 2026 was $0.18 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ispace's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 4.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ispace's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.12.

ispace 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.

ispace's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.179/3.55*91
=4.60

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

ispace's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(187.107+0.75 * 0.179+0.5 * 0.182-205.01
-0-0)/146.210
=-0.12

* 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.

ispace Accounts Receivable Related Terms

ispace Accounts Receivable Historical Data

* Premium members only.

The historical data trend for ispace'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.

ispace Accounts Receivable Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial 0.19 0.22 0.13 10.36 0.18

ispace Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.36 1.78 1.97 2.10 0.18
IPCEF
48GF Score
ispace inc IPCEF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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ispace 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 $0.18 Mil mean?
ispace (IPCEF) has a Accounts Receivable of $0.18 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on ispace and its competitors.
Is ispace's Accounts Receivable too high?
ispace's current Accounts Receivable is $0.18 Mil. Overall, ispace has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ispace's Accounts Receivable compare to SNDK and DELL?
ispace's Accounts Receivable of $0.18 Mil can be compared against companies in the Hardware 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 a Hardware company?
A good Accounts Receivable depends on the Hardware 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 ispace and its competitors. ispace's current Accounts Receivable is $0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ispace stock overvalued right now?
Based on GuruFocus' analysis, ispace (IPCEF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.43, compared to a current price of $2.50 — trading 54% below its estimated fair value. The current Accounts Receivable is $0.18 Mil. ispace's overall GF Score™ is 48/100 with 4 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 ispace (IPCEF), the current Accounts Receivable is $0.18 Mil as of Mar. 2026. 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 ispace (IPCEF) Overvalued in 2026?

Based on GuruFocus' analysis, ispace stock appears to be undervalued. The current stock price of $2.50 is trading 54% below its estimated GF Value™ of $5.43. GuruFocus considers ispace to be Possible Value Trap.

Key valuation signals for IPCEF:

  • Accounts Receivable: $0.18 Mil
  • GF Value™: $5.43 vs. price of $2.50 (54% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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

ispace Business Description

Other Exchanges 9348:Japan7VO:Germany
Address 3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.
48GF Score

Get the complete analysis for IPCEF

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

$2.50
Price
$5.43
GF Value