GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GRAVITY Co Ltd (FRA:GD8A) » Definitions » Accounts Receivable

GRAVITY Co (FRA:GD8A) Accounts Receivable : €49.1 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is GRAVITY Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GRAVITY Co's accounts receivables for the quarter that ended in Dec. 2023 was €49.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GRAVITY Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GRAVITY Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €40.78.


GRAVITY Co Accounts Receivable Historical Data

The historical data trend for GRAVITY 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.

GRAVITY Co Accounts Receivable Chart

GRAVITY Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.71 44.91 39.33 54.52 49.12

GRAVITY Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 54.52 49.33 79.98 56.92 49.12

GRAVITY Co Accounts Receivable Calculation

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


GRAVITY 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=49.117/102.309*91
=43.81

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

GRAVITY Co'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)
=(327.416+0.75 * 49.117+0.5 * 0-80.461
-0-0.451)/6.9489
=40.78

* 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.


GRAVITY Co Accounts Receivable Related Terms

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


GRAVITY Co (FRA:GD8A) Business Description

Traded in Other Exchanges
Address
15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. Its principal product, Ragnarok Online, is an online game which is available in more than 91 markets. Its games include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation.

GRAVITY Co (FRA:GD8A) Headlines

No Headlines