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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SPARX Group Co's accounts receivables for the quarter that ended in Mar. 2026 was 円1,814 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
SPARX Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 28.08.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SPARX Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was 円94.31.
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.
SPARX Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), SPARX Group Co's accounts receivable are only considered to be worth 75% of book value:
SPARX Group Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:
* 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.
SPARX Group Co Accounts Receivable Related Terms
SPARX Group Co Accounts Receivable Historical Data
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The historical data trend for SPARX Group 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.
What does a Accounts Receivable of 円1,814 Mil mean?
SPARX Group Co (TSE:8739) has a Accounts Receivable of 円1,814 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SPARX Group Co and its competitors.
Is SPARX Group Co's Accounts Receivable too high?
SPARX Group Co's current Accounts Receivable is 円1,814 Mil. Overall, SPARX Group Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPARX Group Co's Accounts Receivable compare to BLK and BX?
SPARX Group Co's Accounts Receivable of 円1,814 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on SPARX Group Co and its competitors. SPARX Group Co's current Accounts Receivable is 円1,814 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARX Group Co stock overvalued right now?
Based on GuruFocus' analysis, SPARX Group Co (TSE:8739) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,041.95, compared to a current price of 円2,588.00 — trading 26.7% above its estimated fair value. The current Accounts Receivable is 円1,814 Mil. SPARX Group Co's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For SPARX Group Co (TSE:8739), the current Accounts Receivable is 円1,814 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SPARX Group Co (TSE:8739) Overvalued in 2026?
Based on GuruFocus' analysis, SPARX Group Co stock appears to be overvalued.
The current stock price of 円2,588.00 is trading 26.7% above its estimated GF Value™ of 円2,041.95.
GuruFocus considers SPARX Group Co to be Modestly Overvalued.
Key valuation signals for TSE:8739:
Accounts Receivable: 円1,814 Mil
GF Value™: 円2,041.95 vs. price of 円2,588.00 (26.7% above fair value)
No single metric tells the full story. See the TSE:8739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
89GF Score
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