Excite Holdings Co (TSE:5571) Accounts Receivable : 円1,256 Mil (As of Mar. 2024)

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What is Excite Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Excite Holdings Co's accounts receivables for the quarter that ended in Mar. 2024 was 円1,256 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Excite Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 55.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Excite Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円165.25.

Excite Holdings Co Accounts Receivable Historical Data

The historical data trend for Excite 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.

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Excite Holdings Co Accounts Receivable Chart

Excite Holdings Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

1,190.82

1,117.68

1,153.96

1,255.90

Excite Holdings Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			1,153.96	1,108.09	1,134.55	1,228.69	1,255.90

Excite Holdings Co Accounts Receivable Calculation

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

Excite 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.

Excite Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1255.903	/	2065.306	*	91
=	55.49

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

Excite Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(2530.505	+	0.75 * 1255.903	+	0.5 * 26.187	-	2667.396
-	0	-	5.703)	/	4.91629
=	165.25

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.

Excite Holdings Co Accounts Receivable Related Terms

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Excite Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Excite Holdings Co Ltd (TSE:5571) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-20-1 Minamiazabu, Daiwa Azabu Terrace 4th Floor, Minato-ku, Tokyo, JPN, 106-0047

Website

https://www.excite-holdings.co.jp

Excite Holdings Co Ltd is engaged in the business management and related operations of group companies, platform business, broadband business, and SaaS/DX Business.

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