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Guild Esports (LSE:GILD) Accounts Receivable : £0.19 Mil (As of Sep. 2023)


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What is Guild Esports Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guild Esports's accounts receivables for the quarter that ended in Sep. 2023 was £0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guild Esports's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 18.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guild Esports's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.01.


Guild Esports Accounts Receivable Historical Data

The historical data trend for Guild Esports'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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Guild Esports Accounts Receivable Chart

Guild Esports Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Accounts Receivable
- 0.97 1.38 0.19

Guild Esports Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial 0.97 0.91 1.38 0.55 0.19

Guild Esports Accounts Receivable Calculation

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


Guild Esports 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.

Guild Esports's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.187/1.823*91
=18.72

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

Guild Esports's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.459+0.75 * 0.187+0.5 * 0-5.781
-0-0)/622.317
=-0.01

* 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.


Guild Esports Accounts Receivable Related Terms

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Guild Esports (LSE:GILD) Business Description

Traded in Other Exchanges
Address
2 Chance Street, London, GBR, E1 6JT
Guild Esports PLC operates an esports business. The company focuses on creating a franchise by establishing its esports teams to compete in main esports tournaments and a player training and scouting infrastructure modelled on the talent academies pioneered by Premier League football teams. Revenue is generated through multi-year sponsorship deals with corporate and consumer brands.