Guoco Group (Guoco Group) Accounts Receivable : $109 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Guoco Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guoco Group's accounts receivables for the quarter that ended in Dec. 2023 was $109 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guoco Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 12.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guoco Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-33.57.

Guoco Group Accounts Receivable Historical Data

The historical data trend for Guoco Group'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.

Guoco Group Accounts Receivable Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

85.16

92.38

58.84

91.06

94.85

Guoco Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															107.65	91.06	83.72	94.85	109.25

Guoco Group Accounts Receivable Calculation

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

Guoco Group 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	109.251	/	1587.099	*	91
=	12.56

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

Guoco Group'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)
=	(2984.415	+	0.75 * 109.251	+	0.5 * 2571.922	-	7522.348
-	0	-	2352.539)	/	164.526
=	-33.57

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.

Guoco Group Accounts Receivable Related Terms

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

Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

GULRF:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.