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Gorilla Technology Group (Gorilla Technology Group) Accounts Receivable : $1.45 Mil (As of Dec. 2023)


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What is Gorilla Technology Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gorilla Technology Group's accounts receivables for the quarter that ended in Dec. 2023 was $1.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gorilla Technology Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 4.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gorilla Technology Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.44.


Gorilla Technology Group Accounts Receivable Historical Data

The historical data trend for Gorilla Technology 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.

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Gorilla Technology Group Accounts Receivable Chart

Gorilla Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
28.33 33.39 34.82 14.04 1.45

Gorilla Technology Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 34.82 34.80 14.04 12.51 1.45

Gorilla Technology Group Accounts Receivable Calculation

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


Gorilla Technology 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.

Gorilla Technology 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
=1.448/58.266*91
=4.54

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

Gorilla Technology 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)
=(34.13+0.75 * 1.448+0.5 * 0.023-61.286
-0-0)/7.5651
=-3.44

* 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.


Gorilla Technology Group Accounts Receivable Related Terms

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Gorilla Technology Group (Gorilla Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
Meridien House, 42 Upper Berkeley Street, Marble Arch, London, GBR, W1H 5QJ
Gorilla Technology Group Inc is primarily engaged in providing information, software, and data processing services. It is a provider of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions and services. Its reportable segments are video IoT and security convergence and Other segments.