GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Security Experts Inc (TSE:4417) » Definitions » Accounts Receivable

Global Security Experts (TSE:4417) Accounts Receivable : 円1,398 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Global Security Experts Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Security Experts's accounts receivables for the quarter that ended in Dec. 2023 was 円1,398 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Security Experts's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 70.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Security Experts's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-277.52.


Global Security Experts Accounts Receivable Historical Data

The historical data trend for Global Security Experts'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.

Global Security Experts Accounts Receivable Chart

Global Security Experts Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
493.28 692.29 988.08 1,210.87

Global Security Experts Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,064.88 1,210.87 850.09 1,150.43 1,398.27

Global Security Experts Accounts Receivable Calculation

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


Global Security Experts 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.

Global Security Experts's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1398.265/1822.358*91
=70.01

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

Global Security Experts's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(979.446+0.75 * 1398.265+0.5 * 8.935-4114.176
-0-0)/7.5007
=-277.52

* 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.


Global Security Experts Accounts Receivable Related Terms

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


Global Security Experts (TSE:4417) Business Description

Traded in Other Exchanges
N/A
Address
1-15-1 Kaigan, Minato-ku, Tokyo, JPN, 105-0022
Global Security Experts Inc is engaged in providing security consulting, diagnostic assessment, cybersecurity solution, and comprehensive security educational services.

Global Security Experts (TSE:4417) Headlines

No Headlines