VLC Holdings Co (NGO:2467) Change In Receivables: 円28 Mil (TTM As of Mar. 2026)

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NGO:2467 VLC Holdings Co Ltd NGO:2467
54 GF Score
Price 円161.00
GF Value 円139.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VLC Holdings Co Change In Receivables?

VLC Holdings Co NGO:2467 -3.01% 54 Change In Receivables is 円28 Mil as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 54/100 and a GF Value™ of 円139.93 (Modestly Overvalued). The stock has 6 warning signs investors should review.

VLC Holdings Co's change in receivables for the quarter that ended in Mar. 2026 was 円-185 Mil. It means VLC Holdings Co's Accounts Receivable increased by 円185 Mil from Sep. 2025 to Mar. 2026 .

VLC Holdings Co's change in receivables for the fiscal year that ended in Mar. 2026 was 円28 Mil. It means VLC Holdings Co's Accounts Receivable declined by 円28 Mil from Mar. 2025 to Mar. 2026 .

VLC Holdings Co's Accounts Receivable for the quarter that ended in Mar. 2026 was 円315 Mil.

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 Receivable are being managed. VLC Holdings Co's Days Sales Outstanding for the six months ended in Mar. 2026 was 76.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VLC Holdings Co's liquidation value for the six months ended in Mar. 2026 was 円-240 Mil.

VLC Holdings Co  (NGO:2467) Change In Receivables 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 Receivable are being managed.

VLC Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=315.459/753.814*91
=76.37

2. In Ben Graham's calculation of liquidation value, VLC Holdings Co's accounts receivable are only considered to be worth 75% of book value:

VLC Holdings Co's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=123.754-613.539+0.75 * 315.459+0.5 * 26.43
=-240

* 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.

VLC Holdings Co Change In Receivables Related Terms

VLC Holdings Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for VLC Holdings Co's Change In Receivables 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.

VLC Holdings Co Change In Receivables Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -243.64 -123.04 -78.37 245.58 27.55

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables 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 -320.19 312.81 -67.23 212.80 -185.25
NGO:2467
54GF Score
VLC Holdings Co Ltd NGO:2467
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円28 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of 円28 Mil mean?
VLC Holdings Co (NGO:2467) has a Change In Receivables of 円28 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for VLC Holdings Co and its competitors.
Is VLC Holdings Co's Change In Receivables too high?
VLC Holdings Co's current Change In Receivables is 円28 Mil. Overall, VLC Holdings Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's Change In Receivables compare to IBM and ACN?
VLC Holdings Co's Change In Receivables of 円28 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for VLC Holdings Co and its competitors. VLC Holdings Co's current Change In Receivables is 円28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Modestly Overvalued. The stock's GF Value™ is 円139.93, compared to a current price of 円161.00 — trading 15.1% above its estimated fair value. The current Change In Receivables is 円28 Mil. VLC Holdings Co's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For VLC Holdings Co (NGO:2467), the current Change In Receivables is 円28 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円161.00 is trading 15.1% above its estimated GF Value™ of 円139.93. GuruFocus considers VLC Holdings Co to be Modestly Overvalued.

Key valuation signals for NGO:2467:

  • Change In Receivables: 円28 Mil
  • GF Value™: 円139.93 vs. price of 円161.00 (15.1% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
54GF Score

Get the complete analysis for NGO:2467

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円161.00
Price
円139.93
GF Value