GURUFOCUS.COM » STOCK LIST » Technology » Software » Gstarsoft Co Ltd (SHSE:688657) » Definitions » Accounts Receivable

Gstarsoft Co (SHSE:688657) Accounts Receivable : ¥31.1 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Gstarsoft Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gstarsoft Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥31.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gstarsoft Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gstarsoft Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥20.21.


Gstarsoft Co Accounts Receivable Historical Data

The historical data trend for Gstarsoft Co'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.

Gstarsoft Co Accounts Receivable Chart

Gstarsoft Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 16.55 15.89 20.69 33.69 32.56

Gstarsoft Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 35.34 32.68 32.56 31.09

Gstarsoft Co Accounts Receivable Calculation

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


Gstarsoft Co 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.

Gstarsoft Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.091/56.253*91
=50.43

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

Gstarsoft Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1355.096+0.75 * 31.091+0.5 * 0.912-55.079
-0-0)/65.5143
=20.21

* 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.


Gstarsoft Co Accounts Receivable Related Terms

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


Gstarsoft Co (SHSE:688657) Business Description

Traded in Other Exchanges
N/A
Address
No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123
Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.
Executives
Lu Xiang Directors, senior managers, core technical personn
Li Zhang Chun Core technical personnel
Wang Wei Core technical personnel
Li Ming Jin Core technical personnel
Wu Hai Long Core technical personnel
Liang Jiang Directors, senior managers, core technical personn
Yu Huai Gu senior management
Deng Li Qun Senior management, core technical personnel
Huang Mei Yu senior management
Ding Guo Yun senior management
Liang Hai Xia senior management
Hu Li Xin Director
Pan Li Directors, senior managers, core technical personn

Gstarsoft Co (SHSE:688657) Headlines

No Headlines