VLC Holdings Co (NGO:2467) Accounts Receivable: 円315 Mil (As of Mar. 2026)

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NGO:2467 VLC Holdings Co Ltd NGO:2467
55 GF Score
Price 円176.00
GF Value 円138.45
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VLC Holdings Co Accounts Receivable?

VLC Holdings Co NGO:2467 -1.12% 55 Accounts Receivable is 円315 Mil as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 55/100 and a GF Value™ of 円138.45 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VLC Holdings Co's accounts receivables for the quarter that ended in Mar. 2026 was 円315 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VLC Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 76.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VLC Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was 円-17.31.


VLC Holdings Co 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=315.459/753.814*91
=76.37

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

VLC Holdings Co'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)
=(123.754+0.75 * 315.459+0.5 * 26.43-613.539
-0-0)/13.861
=-17.31

* 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.


VLC Holdings Co Accounts Receivable Related Terms


VLC Holdings Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for VLC Holdings Co'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.

VLC Holdings Co Accounts Receivable Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 435.77 584.51 655.03 343.59 315.46

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 655.03 279.37 343.59 130.30 315.46
NGO:2467
55GF Score
VLC Holdings Co Ltd NGO:2467
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co 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 円315 Mil mean?
VLC Holdings Co (NGO:2467) has a Accounts Receivable of 円315 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on VLC Holdings Co and its competitors.
Is VLC Holdings Co's Accounts Receivable too high?
VLC Holdings Co's current Accounts Receivable is 円315 Mil. Overall, VLC Holdings Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Accounts Receivable compare to IBM and ACN?
VLC Holdings Co's Accounts Receivable of 円315 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Receivable depends on the Software 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 VLC Holdings Co and its competitors. VLC Holdings Co's current Accounts Receivable is 円315 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Modestly Overvalued. The stock's GF Value™ is 円138.45, compared to a current price of 円176.00 — trading 27.1% above its estimated fair value. The current Accounts Receivable is 円315 Mil. VLC Holdings Co's overall GF Score™ is 55/100 with 6 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 VLC Holdings Co (NGO:2467), the current Accounts Receivable is 円315 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円176.00 is trading 27.1% above its estimated GF Value™ of 円138.45. GuruFocus considers VLC Holdings Co to be Modestly Overvalued.

Key valuation signals for NGO:2467:

  • Accounts Receivable: 円315 Mil
  • GF Value™: 円138.45 vs. price of 円176.00 (27.1% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
55GF Score

Get the complete analysis for NGO:2467

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

円176.00
Price
円138.45
GF Value