GDEP Advance (TSE:5885) Accounts Receivable : 円625 Mil (As of Feb. 2024)

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What is GDEP Advance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GDEP Advance's accounts receivables for the quarter that ended in Feb. 2024 was 円625 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GDEP Advance's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 41.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GDEP Advance's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was 円1,206.01.

GDEP Advance Accounts Receivable Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Accounts Receivable Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Accounts Receivable

434.21

110.81

81.80

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Receivable	Get a 7-Day Free Trial			-	81.80	143.53	337.48	625.01

GDEP Advance Accounts Receivable Calculation

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

GDEP Advance 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	625.012	/	1372.827	*	91
=	41.54

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

GDEP Advance'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)
=	(2113.292	+	0.75 * 625.012	+	0.5 * 673.208	-	1317.107
-	0	-	0)	/	1.32797
=	1,206.01

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.

GDEP Advance Accounts Receivable Related Terms

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GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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