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Photozou Holdings (Photozou Holdings) Accounts Receivable : $0.02 Mil (As of Feb. 2024)


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What is Photozou Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Photozou Holdings's accounts receivables for the quarter that ended in Feb. 2024 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Photozou Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 39.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Photozou Holdings's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-0.11.


Photozou Holdings Accounts Receivable Historical Data

The historical data trend for Photozou Holdings'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.

Photozou Holdings Accounts Receivable Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.02 - 0.02 0.01 0.01

Photozou Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.01 - - 0.01 0.02

Photozou Holdings Accounts Receivable Calculation

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


Photozou Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0.037*91
=39.46

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

Photozou Holdings's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(0.027+0.75 * 0.016+0.5 * 0.059-0.97
-0-0)/8
=-0.11

* 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.


Photozou Holdings Accounts Receivable Related Terms

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Photozou Holdings (Photozou Holdings) Business Description

Traded in Other Exchanges
N/A
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 that include managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue gets derived from the sale of used cameras.
Executives
Photozou Co., Ltd. 10 percent owner 4-30-4F, YOTSUYA, SHINJUKU-KU, TOKYO M0 164-0004
Koichi Ishizuka director, 10 percent owner, officer: Chief Executive Officer 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011