GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Information Technologies Corp (TSE:3916) » Definitions » Accounts Receivable

Digital Information Technologies (TSE:3916) Accounts Receivable : 円3,813 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Digital Information Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Digital Information Technologies's accounts receivables for the quarter that ended in Dec. 2024 was 円3,813 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. Digital Information Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円293.73.


Digital Information Technologies Accounts Receivable Historical Data

The historical data trend for Digital Information Technologies'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.

Digital Information Technologies Accounts Receivable Chart

Digital Information Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,905.44 2,084.99 2,529.76 2,632.46 3,282.52

Digital Information Technologies 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 3,092.98 3,179.40 3,763.77 3,282.52 3,813.20

Digital Information Technologies Accounts Receivable Calculation

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


Digital Information Technologies 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3813.2/0*91
=

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

Digital Information Technologies'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)
=(4677.849+0.75 * 3813.2+0.5 * 209.946-3217.937
-0-103.762)/14.711
=293.73

* 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.


Digital Information Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Digital Information Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Digital Information Technologies Business Description

Traded in Other Exchanges
N/A
Address
Chuo-ku, Tokyo Hatchobori 4-chome, 5-4 FORECAST Sakurabashi the third floor, Tokyo, JPN
Digital Information Technologies Corp is a Japan-based information service company mainly engaged in operation of software development business and computer sales business. The company develops business systems, embedded devices, etc. for clients primarily in the fields of finance, communications. Its products include WebARGUS, a Website security solution; and xoBlos, an Excel work innovation platform.

Digital Information Technologies Headlines

No Headlines