Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Comsys Holdings's accounts receivables for the quarter that ended in Dec. 2023 was 円135,705 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Comsys Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 89.17.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Comsys Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円391.45.
Comsys Holdings Accounts Receivable Historical Data
The historical data trend for Comsys 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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Comsys 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.
Comsys Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Comsys Holdings's accounts receivable are only considered to be worth 75% of book value:
Comsys Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Comsys Holdings Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Comsys Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. It provides solutions for information-process systems and develops software to fit the needs of customers. One division of the company connects telephone lines and other communication equipment and implements wireless base stations. It provides equipment for the mobile industry, and supplies maintenance work to transform telephone networks. Comsys Holdings has four business segments: NTT Engineering, NCC Engineering, IT Solutions, and Social System-Related and Other. It plans proposals for customers' systems integration and software upgrades and provides repair services to keep a system intact. The company has been instrumental in the development of Japan's telecommunications infrastructure.
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