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Image Magic (TSE:7793) Accounts Receivable : 円454 Mil (As of Dec. 2024)


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What is Image Magic Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Image Magic's accounts receivables for the quarter that ended in Dec. 2024 was 円454 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. Image Magic's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was 円89.32.


Image Magic Accounts Receivable Historical Data

The historical data trend for Image Magic'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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Image Magic Accounts Receivable Chart

Image Magic Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Accounts Receivable
200.57 351.30 331.09 388.36

Image Magic Quarterly Data
Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 463.51 552.58 567.36 482.29 454.24

Image Magic Accounts Receivable Calculation

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


Image Magic 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.

Image Magic's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=454.244/0*91
=

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

Image Magic'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)
=(940.857+0.75 * 454.244+0.5 * 279.265-1214.401
-0-0)/2.315
=89.32

* 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.


Image Magic Accounts Receivable Related Terms

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Image Magic Business Description

Traded in Other Exchanges
N/A
Address
1-3-11 Koishikawa, Rising Plaza Korakuen 6th Floor, Bunkyo-ku, Tokyo, JPN, 112-0002
Image Magic Inc is a solution company, which is engaged in developing various services and solutions related to on-demand printing for original products.

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