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Exceed World (Exceed World) Accounts Receivable : $0.05 Mil (As of Mar. 2024)


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What is Exceed World Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Exceed World's accounts receivables for the quarter that ended in Mar. 2024 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Exceed World's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Exceed World's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.40.


Exceed World Accounts Receivable Historical Data

The historical data trend for Exceed World'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.

* Premium members only.

Exceed World Accounts Receivable Chart

Exceed World Annual Data
Trend Nov15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial - 0.07 0.07 0.05 0.05

Exceed World Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.05 0.05 0.05

Exceed World Accounts Receivable Calculation

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


Exceed World 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.

Exceed World's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.052/6.36*91
=0.75

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

Exceed World's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(18.986+0.75 * 0.052+0.5 * 1.269-6.592
-0-0)/32.7
=0.40

* 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.


Exceed World Accounts Receivable Related Terms

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Exceed World (Exceed World) Business Description

Traded in Other Exchanges
N/A
Address
1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063
Website
Exceed World Inc is engaged in the education service business. The Company operates through its wholly owned subsidiaries, which are engaged in the provision of educational services through an internet platform called Force Club.
Executives
Tomoo Yoshida director, 10 percent owner 1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Force Internationale Ltd 10 percent owner 1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Force International Holdings Ltd 10 percent owner 1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
Keiichi Koga 10 percent owner 1-23-38-6F, ESAKACHO, SUITA-SHI, OSAKA M0 00000
E-learning Laboratory Co., Ltd. 10 percent owner 1-23-38-8F, ESAKACHO, SUITA-SHI, OSAKA M0 00000

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