GGGOF (Golconda Gold) Accounts Receivable: $1.74 Mil (As of Jun. 2026)

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GGGOF Golconda Gold Ltd GGGOF
39 GF Score
Price $2.17
GF Value $0.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Golconda Gold Accounts Receivable?

Golconda Gold GGGOF +2.36% 39 Accounts Receivable is $1.74 Mil as of Jun. 2026. GuruFocus rates GGGOF with a GF Score™ of 39/100 and a GF Value™ of $0.87 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Golconda Gold's accounts receivables for the quarter that ended in Jun. 2026 was $1.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Golconda Gold's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 13.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Golconda Gold's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.12.


Golconda Gold 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.

Golconda Gold's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.744/11.994*91
=13.27

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

Golconda Gold's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(5.809+0.75 * 1.744+0.5 * 1.482-16.216
-0-0)/71.569
=-0.12

* 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.


Golconda Gold Accounts Receivable Related Terms


Golconda Gold Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Golconda Gold'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.

Golconda Gold Accounts Receivable Chart

Golconda Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.76 0.09 0.47 1.96

Golconda Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.28 1.63 1.96 2.49 1.74
GGGOF
39GF Score
Golconda Gold Ltd GGGOF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Golconda Gold 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 $1.74 Mil mean?
Golconda Gold (GGGOF) has a Accounts Receivable of $1.74 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Golconda Gold and its competitors.
Is Golconda Gold's Accounts Receivable too high?
Golconda Gold's current Accounts Receivable is $1.74 Mil. Overall, Golconda Gold has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golconda Gold's Accounts Receivable compare to NEM and AU?
Golconda Gold's Accounts Receivable of $1.74 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Golconda Gold and its competitors. Golconda Gold's current Accounts Receivable is $1.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golconda Gold stock overvalued right now?
Based on GuruFocus' analysis, Golconda Gold (GGGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.87, compared to a current price of $2.17 — trading 149.4% above its estimated fair value. The current Accounts Receivable is $1.74 Mil. Golconda Gold's overall GF Score™ is 39/100 with 2 warning signs to review. 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 Golconda Gold (GGGOF), the current Accounts Receivable is $1.74 Mil as of Jun. 2026. 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.

Is Golconda Gold (GGGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Golconda Gold stock appears to be overvalued. The current stock price of $2.17 is trading 149.4% above its estimated GF Value™ of $0.87. GuruFocus considers Golconda Gold to be Significantly Overvalued.

Key valuation signals for GGGOF:

  • Accounts Receivable: $1.74 Mil
  • GF Value™: $0.87 vs. price of $2.17 (149.4% above fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the GGGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golconda Gold Business Description

Other Exchanges Y87:GermanyGG:Canada
Address 181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has three geographic segments, being the Republic of South Africa, the U.S.A. and Canada, out of which it derives maximum revenue from South Africa.
39GF Score

Get the complete analysis for GGGOF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.17
Price
$0.87
GF Value