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Showcase (TSE:3909) Accounts Receivable : 円688 Mil (As of Dec. 2024)


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What is Showcase Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Showcase's accounts receivables for the quarter that ended in Dec. 2024 was 円688 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Showcase's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円-48.98.


Showcase Accounts Receivable Historical Data

The historical data trend for Showcase'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.

Showcase Accounts Receivable Chart

Showcase Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.31 223.82 548.81 447.62 687.77

Showcase Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 390.94 447.62 818.63 584.14 687.77

Showcase Accounts Receivable Calculation

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


Showcase 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=687.771/0*91
=

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

Showcase's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1331.861+0.75 * 687.771+0.5 * 845.33-2191.296
-0-498.994)/8.573
=-48.98

* 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.


Showcase Accounts Receivable Related Terms

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Showcase Business Description

Traded in Other Exchanges
N/A
Address
9-9 Roppongi, 14th Floor, Roppongi First Building, Minato-ku, Tokyo, JPN, 106-0032
Showcase Inc is engaged in the web marketing services. Its operations are carried out through the following business segments: E-Marketing, Data-Marketing and Web Solutions. The E-Marketing segment provides eight internally developed web-based software products. The Data-Marketing segment provides advertising products business-2-business in connection with website optimization techniques and a data management platform. The Web Solutions segment provides research and development for smart phone applications, which helps to solve problems with website and apps in an integrated manner using website optimization techniques. It also includes store coupon delivery application development, real estate website creation and e-commerce website management.

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