Econavista (TSE:5585) Accounts Receivable : 円270.8 Mil (As of Jan. 2024)

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What is Econavista Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Econavista's accounts receivables for the quarter that ended in Jan. 2024 was 円270.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Econavista's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 71.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Econavista's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円399.72.

Econavista Accounts Receivable Historical Data

The historical data trend for Econavista'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.

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Econavista Accounts Receivable Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Accounts Receivable

21.48

27.52

35.48

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial			27.52	67.30	57.56	35.48	270.77

Econavista Accounts Receivable Calculation

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

Econavista 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.

Econavista's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	270.772	/	346.806	*	91
=	71.24

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

Econavista's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(2330.736	+	0.75 * 270.772	+	0.5 * 331.567	-	138.195
-	0	-	0)	/	6.40807
=	399.72

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.

Econavista Accounts Receivable Related Terms

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Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

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