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GOFPY (Greek Organisation of Football Prognostics) Accounts Receivable : $84 Mil (As of Jun. 2024)


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What is Greek Organisation of Football Prognostics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greek Organisation of Football Prognostics's accounts receivables for the quarter that ended in Jun. 2024 was $84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greek Organisation of Football Prognostics's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 19.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greek Organisation of Football Prognostics's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-1.40.


Greek Organisation of Football Prognostics Accounts Receivable Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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.

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Greek Organisation of Football Prognostics Accounts Receivable Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.16 83.31 102.69 108.18 113.70

Greek Organisation of Football Prognostics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 80.94 88.28 113.70 87.67 84.36

Greek Organisation of Football Prognostics Accounts Receivable Calculation

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


Greek Organisation of Football Prognostics 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.

Greek Organisation of Football Prognostics's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=84.363/391.433*91
=19.67

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

Greek Organisation of Football Prognostics'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)
=(493.545+0.75 * 84.363+0.5 * 11.743-1541.311
-0-35.966)/722.456
=-1.40

* 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.


Greek Organisation of Football Prognostics Accounts Receivable Related Terms

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Greek Organisation of Football Prognostics Business Description

Traded in Other Exchanges
Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.