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GEE Group (GEE Group) Change In Receivables : $4.6 Mil (TTM As of Dec. 2023)


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What is GEE Group Change In Receivables?

GEE Group's change in receivables for the quarter that ended in Dec. 2023 was $2.5 Mil. It means GEE Group's Accounts Receivable declined by $2.5 Mil from Sep. 2023 to Dec. 2023 .

GEE Group's change in receivables for the fiscal year that ended in Sep. 2023 was $4.5 Mil. It means GEE Group's Accounts Receivable declined by $4.5 Mil from Sep. 2022 to Sep. 2023 .

GEE Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $15.9 Mil.

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 Receivable are being managed. GEE Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GEE Group's liquidation value for the three months ended in Dec. 2023 was $20.5 Mil.


GEE Group Change In Receivables Historical Data

The historical data trend for GEE Group's Change In Receivables 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.

GEE Group Change In Receivables Chart

GEE Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 3.22 -6.48 -0.15 4.50

GEE Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 2.44 -0.06 0.49 1.63 2.53

GEE Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.6 Mil.

* 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.


GEE Group  (AMEX:JOB) Change In Receivables 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 Receivable are being managed.

GEE 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
=15.853/30.631*91
=47.23

2. In Ben Graham's calculation of liquidation value, GEE Group's accounts receivable are only considered to be worth 75% of book value:

GEE Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=19.91-11.302+0.75 * 15.853+0.5 * 0
=20.5

* 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.


GEE Group Change In Receivables Related Terms

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GEE Group (GEE Group) Business Description

Traded in Other Exchanges
Address
7751 Belfort Parkway, Suite 150, Jacksonville, FL, USA, 32256
GEE Group Inc is a provider of specialized staffing solutions across the United States. The company's operating segment includes Industrial Staffing Services and Professional Staffing Services. It generates maximum revenue from the Professional Staffing Services segment. The company provides the following services, direct hire placement services, temporary professional services staffing in the fields of information technology, accounting, finance and office, engineering, and medical, and temporary light industrial staffing.
Executives
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
Jyrl James director 7751 BELFORT PARKWAY, SUITE 150,, JACKSONVILLE FL 32256
Derek E Dewan director, officer: CEO 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Kim D Thorpe officer: Chief Financial Officer 275 WATER ST, STE 1400, JACKSONVILL FL 32202-1547
Darla D Moore director 11 WEST 42ND ST, NEW YORK NY 10036
Matthew E Gormly director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Stuckey Alexander Preston Alexander director 13500 SUTTON PARK DRIVE SOUTH, SUITE 204, JACKSONVILLE FL 32224
Carl T Camden director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Thomas Vetrano director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Peter J Tanous director
Thomas Charles Williams director 150 TROTTERS RIDGE, FAYETTEVILLE GA 30215
William M Isaac director C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062
George A Bajalia director P.O. BOX 551125, JACKSONVILLE FL 32255