GDET (GD Entertainment & Technology) Accounts Receivable: $0.54 Mil (As of Feb. 2006)

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What is GD Entertainment & Technology Accounts Receivable?

GD Entertainment & Technology GDET -99.00% Accounts Receivable is $0.54 Mil as of Feb. 2006.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GD Entertainment & Technology's accounts receivables for the quarter that ended in Feb. 2006 was $0.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GD Entertainment & Technology's Days Sales Outstanding for the quarter that ended in Feb. 2006 was 72.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GD Entertainment & Technology's Net-Net Working Capital per share for the quarter that ended in Feb. 2006 was $N/A.

GD Entertainment & Technology 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.

GD Entertainment & Technology's Days Sales Outstanding for the quarter that ended in Feb. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.54/0.682*91
=72.25

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

GD Entertainment & Technology's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2006 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)
=(-0.009+0.75 * 0.54+0.5 * 0.014-4.326
-0-0)/0
=N/A

* 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.

GD Entertainment & Technology Accounts Receivable Related Terms

GD Entertainment & Technology Accounts Receivable Historical Data

* Premium members only.

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Accounts Receivable Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Accounts Receivable
0.05 0.07 0.06

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.06 0.07 0.09 0.54

GD Entertainment & Technology Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.54 Mil mean?
GD Entertainment & Technology (GDET) has a Accounts Receivable of $0.54 Mil as of Feb. 2006. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Accounts Receivable too high?
GD Entertainment & Technology's current Accounts Receivable is $0.54 Mil.
How does GD Entertainment & Technology's Accounts Receivable compare to competitors?
GD Entertainment & Technology's Accounts Receivable of $0.54 Mil can be compared against companies in the Personal Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Personal Services company?
A good Accounts Receivable depends on the Personal Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Accounts Receivable is $0.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Accounts Receivable of $0.54 Mil. The current Accounts Receivable is $0.54 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For GD Entertainment & Technology (GDET), the current Accounts Receivable is $0.54 Mil as of Feb. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.