Gryphon Capitalome Trust (ASX:GCI) Accounts Receivable : A$2.40 Mil (As of Dec. 2023)

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What is Gryphon Capitalome Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gryphon Capitalome Trust's accounts receivables for the quarter that ended in Dec. 2023 was A$2.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gryphon Capitalome Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 18.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gryphon Capitalome Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.01.

Gryphon Capitalome Trust Accounts Receivable Historical Data

The historical data trend for Gryphon Capitalome Trust'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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Gryphon Capitalome Trust Accounts Receivable Chart

Gryphon Capitalome Trust Annual Data

Trend

Jun17

Jun19

Jun20

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Jun23

Accounts Receivable

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Gryphon Capitalome Trust Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial						1.34	-	2.02	-	2.40

Gryphon Capitalome Trust Accounts Receivable Calculation

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

Gryphon Capitalome Trust 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.

Gryphon Capitalome Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.396	/	23.923	*	91
=	18.28

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

Gryphon Capitalome Trust'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)
=	(5.17	+	0.75 * 2.396	+	0.5 * 0	-	4.002
-	0	-	0)	/	243.364
=	0.01

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.

Gryphon Capitalome Trust Accounts Receivable Related Terms

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Gryphon Capitalome Trust (ASX:GCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gryphon Capital Income Trust (ASX:GCI) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Governor Macquarie Tower, Level 16,1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.gcapinvest.com

Gryphon Capital Income Trust is an asset management company focused on secured credit investments in fixed income markets in both Europe and Australia. The investment objective of the firm is to deliver strong risk-adjusted returns by investing in a high conviction portfolio of Investment Grade Australian Residential Mortgage-Backed Securities and Other Asset-Backed Securities with a strong focus on capital preservation.