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NCXX Group (TSE:6634) Accounts Receivable : 円413.6 Mil (As of May. 2024)


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What is NCXX Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NCXX Group's accounts receivables for the quarter that ended in May. 2024 was 円413.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NCXX Group's Days Sales Outstanding for the quarter that ended in May. 2024 was 160.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NCXX Group's Net-Net Working Capital per share for the quarter that ended in May. 2024 was 円27.13.


NCXX Group Accounts Receivable Historical Data

The historical data trend for NCXX Group'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.

NCXX Group Accounts Receivable Chart

NCXX Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 571.89 456.11 361.94 296.47 206.60

NCXX Group Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.91 84.99 206.60 264.75 413.56

NCXX Group Accounts Receivable Calculation

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


NCXX Group 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=413.562/234.981*91
=160.60

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

NCXX Group'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)
=(809.752+0.75 * 413.562+0.5 * 598.933-640.477
-0-0.348)/28.7028
=27.13

* 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.


NCXX Group Accounts Receivable Related Terms

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NCXX Group Business Description

Traded in Other Exchanges
N/A
Address
2-32-1 Kunuginome, Iwate Prefecture, Hanamaki, JPN, 025-0323
NCXX Group Inc is engaged in the planning, development, and sales of rehabilitation robots, agricultural ICT, and associated or related projects. The company also focuses on management strategy formulation and management of group companies.

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