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Gridwiz Co (XKRX:453450) Accounts Receivable : ₩3,129 Mil (As of Mar. 2025)


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What is Gridwiz Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gridwiz Co's accounts receivables for the quarter that ended in Mar. 2025 was ₩3,129 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gridwiz Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 12.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gridwiz Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₩6,200.56.


Gridwiz Co Accounts Receivable Historical Data

The historical data trend for Gridwiz 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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Gridwiz Co Accounts Receivable Chart

Gridwiz Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Receivable
1,725.06 3,472.87 5,971.37 2,823.87

Gridwiz Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6,437.21 6,141.82 4,131.97 2,823.87 3,128.66

Gridwiz Co Accounts Receivable Calculation

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


Gridwiz 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.

Gridwiz Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3128.656/22137.628*91
=12.90

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

Gridwiz Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(75172.651+0.75 * 3128.656+0.5 * 7764.239-32316.007
-0--165.782)/7.943
=6,200.56

* 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.


Gridwiz Co Accounts Receivable Related Terms

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Gridwiz Co Business Description

Traded in Other Exchanges
N/A
Address
Building 1010, 25, Sanun-ro 208beongal, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR
Gridwiz Co Ltd is a Company that provides power demand management services, manufactures and sells electric vehicle charging modems and chargers, and engages in ESS and solar power generation facility installation and operation management businesses.

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