GNSPF (GenusPlus Group) Accounts Receivable : $32.9 Mil (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is GenusPlus Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GenusPlus Group's accounts receivables for the quarter that ended in Jun. 2024 was $32.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GenusPlus Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 30.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GenusPlus Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.10.

GenusPlus Group Accounts Receivable Historical Data

The historical data trend for GenusPlus Group'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.

GenusPlus Group Accounts Receivable Chart

GenusPlus Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

23.17

44.21

47.66

36.75

32.92

GenusPlus Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial			47.66	41.59	36.75	35.70	32.92

GenusPlus Group Accounts Receivable Calculation

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

GenusPlus Group 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.

GenusPlus Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32.915	/	200.022	*	91
=	30.03

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

GenusPlus Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(67.26	+	0.75 * 32.915	+	0.5 * 1.886	-	110.879
-	0	-	0)	/	177.725
=	-0.10

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.

GenusPlus Group Accounts Receivable Related Terms

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

GenusPlus Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GenusPlus Group Ltd (OTCPK:GNSPF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

GNP:Australia

Address

63 - 69 Abernethy Road, Level 1, Belmont, Perth, WA, AUS, 6104

Website

https://www.genusplusgroup.com.au

GenusPlus Group Ltd is a services provider in the design, construction, and maintenance of electricity transmission, electricity distribution, and telecommunications infrastructure. Also, the company provides integrated engineering and training services. All of its activities are carried throughout Australia.

GenusPlus Group Headlines

No Headlines