GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GAN Ltd (NAS:GAN) » Definitions » Accounts Receivable

GAN (GAN) Accounts Receivable : $7.0 Mil (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is GAN Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GAN's accounts receivables for the quarter that ended in Dec. 2024 was $7.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GAN's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 20.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GAN's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.97.


GAN Accounts Receivable Historical Data

The historical data trend for GAN'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.

GAN Accounts Receivable Chart

GAN Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 6.82 8.11 13.81 11.42 7.04

GAN Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.42 9.43 8.85 12.04 7.04

GAN Accounts Receivable Calculation

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


GAN 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.

GAN's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.043/31.689*91
=20.28

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

GAN's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(38.742+0.75 * 7.043+0.5 * 0-88.287
-0-0)/45.702
=-0.97

* 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.


GAN Accounts Receivable Related Terms

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


GAN Business Description

Traded in Other Exchanges
Address
10845 Griffith Peak Drive, Suite 200, Las Vegas, NV, USA, 89135
GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company has two operating segments B2B and B2C. The B2B segment develops, markets, and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding, and back-office accounting and management tools that enable the casino operators to efficiently, confidently, and effectively extend their presence online in places that have permitted online real money gaming, and The B2C segment, which includes the operations of Coolbet, develops and operates a B2C online sports betting and casino platform that is accessible through its website in markets across Northern Europe, Latin America, and Canada.
Executives
Giuseppe Gardali officer: President, B2B 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Endre Nesset officer: President, B2C 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Brian P Chang officer: Interim CFO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Eric J Green director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Seamus M Mcgill director C/O GAN LIMITED,, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Dermot S. Smurfit director, officer: President, CEO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Karen Flores director, officer: EVP, Chief Financial Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Sylvia Tiscareno officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Glenn Anders Karlsen officer: CEO, Coolbet 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Simon Knock officer: EVP, Chief Information Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Arouh officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Jr. Smurfit director 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Susan Bracey director C/O YOUBET.COM, INC., 2600 WEST OLIVE AVENUE, 5TH FLOOR, BURBANK CA 91505
David Goldberg director C/O GAN LIMITED, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Jan Roos officer: Chief Technology Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618

GAN Headlines

From GuruFocus

Q4 2022 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q2 2021 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q2 2020 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q4 2021 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q1 2020 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q1 2022 Gan Ltd Earnings Call Transcript

By GuruFocus Research 02-07-2024