PTZH (Photozou Holdings) Change In Receivables: $-0.01 Mil (TTM As of Nov. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PTZH Photozou Holdings Inc PTZH
12 GF Score
Price $0.59
View Full Analysis

What is Photozou Holdings Change In Receivables?

Photozou Holdings PTZH 12 Change In Receivables is $-0.01 Mil as of Nov. 2024. GuruFocus rates PTZH with a GF Score™ of 12/100.

Photozou Holdings's change in receivables for the quarter that ended in Nov. 2024 was $-0.00 Mil. It means Photozou Holdings's Accounts Receivable increased by $0.00 Mil from Aug. 2024 to Nov. 2024 .

Photozou Holdings's change in receivables for the fiscal year that ended in Nov. 2024 was $-0.01 Mil. It means Photozou Holdings's Accounts Receivable increased by $0.01 Mil from Nov. 2023 to Nov. 2024 .

Photozou Holdings's Accounts Receivable for the quarter that ended in Nov. 2024 was $0.01 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. Photozou Holdings's Days Sales Outstanding for the three months ended in Nov. 2024 was 17.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Photozou Holdings's liquidation value for the three months ended in Nov. 2024 was $-0.96 Mil.

Photozou Holdings  (OTCPK:PTZH) 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.

Photozou Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.008/0.042*91
=17.38

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

Photozou Holdings's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.025-1.022+0.75 * 0.008+0.5 * 0.054
=-0.96

* 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.

Photozou Holdings Change In Receivables Related Terms

Photozou Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Photozou Holdings'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.

Photozou Holdings Change In Receivables Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 -0.04 0.02 -0.00 -0.01

Photozou Holdings Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.01 -0.02 0.01 0.01 -0.00
PTZH
12GF Score
Photozou Holdings Inc PTZH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Photozou Holdings 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Photozou Holdings (PTZH) has a Change In Receivables of $-0.01 Mil as of Nov. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Photozou Holdings and its competitors.
Is Photozou Holdings' Change In Receivables too high?
Photozou Holdings' current Change In Receivables is $-0.01 Mil. Overall, Photozou Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Photozou Holdings' Change In Receivables compare to GHST and BQ?
Photozou Holdings' Change In Receivables of $-0.01 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Photozou Holdings and its competitors. Photozou Holdings's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photozou Holdings stock overvalued right now?
Photozou Holdings (PTZH) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 Mil. Photozou Holdings' overall GF Score™ is 12/100. 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 Photozou Holdings (PTZH), the current Change In Receivables is $-0.01 Mil as of Nov. 2024. 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.

Photozou Holdings Business Description

Address Yotsuya Shinjuku-ku, 4-30-4th Floor, Tokyo, JPN, 160-0004
Photozou Holdings Inc is focused on online advertising and the sale of used cameras. The firm engages in offering used cameras, which include mainly high-class digital single-lens reflex cameras. In addition, it provides two types of advertising services including managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue is derived from the sale of used cameras.
12GF Score

Get the complete analysis for PTZH

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

$0.59
Price