GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZIGExN Co Ltd (TSE:3679) » Definitions » Accounts Receivable

ZIGExN Co (TSE:3679) Accounts Receivable : 円3,210 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is ZIGExN Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ZIGExN Co's accounts receivables for the quarter that ended in Dec. 2023 was 円3,210 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ZIGExN Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 51.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ZIGExN Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円4.74.


ZIGExN Co Accounts Receivable Historical Data

The historical data trend for ZIGExN 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.

* Premium members only.

ZIGExN Co Accounts Receivable Chart

ZIGExN Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,102.00 2,014.00 1,976.00 1,950.00 3,378.00

ZIGExN Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,401.00 3,378.00 3,223.00 3,640.00 3,210.00

ZIGExN Co Accounts Receivable Calculation

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


ZIGExN 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.

ZIGExN Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3210/5717*91
=51.24

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

ZIGExN Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(8960+0.75 * 3210+0.5 * 0-10875
-0-0)/104.002
=4.74

* 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.


ZIGExN Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of ZIGExN Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


ZIGExN Co (TSE:3679) Business Description

Traded in Other Exchanges
Address
3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001
ZIGExN Co.,Ltd. develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.

ZIGExN Co (TSE:3679) Headlines

No Headlines