GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asterisk Inc (TSE:6522) » Definitions » Accounts Receivable

Asterisk (TSE:6522) Accounts Receivable : 円368 Mil (As of May. 2024)


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

What is Asterisk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asterisk's accounts receivables for the quarter that ended in May. 2024 was 円368 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asterisk's Days Sales Outstanding for the quarter that ended in May. 2024 was 74.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asterisk's Net-Net Working Capital per share for the quarter that ended in May. 2024 was 円-10.95.


Asterisk Accounts Receivable Historical Data

The historical data trend for Asterisk'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.

Asterisk Accounts Receivable Chart

Asterisk Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
234.76 342.10 164.69 328.68 267.54

Asterisk Quarterly Data
Aug19 Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 278.27 267.54 212.10 270.22 367.72

Asterisk Accounts Receivable Calculation

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


Asterisk 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=367.718/448.939*91
=74.74

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

Asterisk's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(392.172+0.75 * 367.718+0.5 * 705.914-1098.772
-0-0)/7.10933
=-10.95

* 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.


Asterisk Accounts Receivable Related Terms

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


Asterisk Business Description

Traded in Other Exchanges
N/A
Address
5-6-16 Nishinakajima, Yodogawa-ku, Osaka, JPN, 532-0011
Asterisk Inc is engaged in the manufacturing, development, and sales of RFID readers and barcode scanners that utilize mobile smartphones, and development and sales of management systems that use image recognition technologies.

Asterisk Headlines

No Headlines