GLGDF (GoGold Resources) Accounts Receivable: $19.57 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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GLGDF GoGold Resources Inc GLGDF
80 GF Score
Price $2.20
GF Value $2.46
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Accounts Receivable?

GoGold Resources GLGDF -1.79% 80 Accounts Receivable is $19.57 Mil as of Mar. 2026. GuruFocus rates GLGDF with a GF Score™ of 80/100 and a GF Value™ of $2.46 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GoGold Resources's accounts receivables for the quarter that ended in Mar. 2026 was $19.57 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GoGold Resources's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 58.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GoGold Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $0.52.

GoGold Resources 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.

GoGold Resources's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.572/30.329*91
=58.89

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

GoGold Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(262.161+0.75 * 19.572+0.5 * 6.502-52.91
-0-0)/433.451
=0.52

* 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.

GoGold Resources Accounts Receivable Related Terms

GoGold Resources Accounts Receivable Historical Data

* Premium members only.

The historical data trend for GoGold Resources'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.

GoGold Resources Accounts Receivable Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 2.52 2.93 4.77 8.41

GoGold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.11 7.26 8.41 18.75 19.57
GLGDF
80GF Score
GoGold Resources Inc GLGDF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources 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 $19.57 Mil mean?
GoGold Resources (GLGDF) has a Accounts Receivable of $19.57 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on GoGold Resources and its competitors.
Is GoGold Resources' Accounts Receivable too high?
GoGold Resources' current Accounts Receivable is $19.57 Mil. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Accounts Receivable compare to HL?
GoGold Resources' Accounts Receivable of $19.57 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 GoGold Resources and its competitors. GoGold Resources's current Accounts Receivable is $19.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.46, compared to a current price of $2.20 — trading 10.8% below its estimated fair value. The current Accounts Receivable is $19.57 Mil. GoGold Resources' overall GF Score™ is 80/100 with 1 warning sign 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 GoGold Resources (GLGDF), the current Accounts Receivable is $19.57 Mil as of Mar. 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 GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.20 is trading 10.8% below its estimated GF Value™ of $2.46. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Accounts Receivable: $19.57 Mil
  • GF Value™: $2.46 vs. price of $2.20 (10.8% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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

GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score

Get the complete analysis for GLGDF

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

$2.20
Price
$2.46
GF Value