GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL Technology Holdings Ltd (HKSE:03800) » Definitions » Accounts Receivable

GCL Technology Holdings (HKSE:03800) Accounts Receivable : HK$1,817 Mil (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is GCL Technology Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GCL Technology Holdings's accounts receivables for the quarter that ended in Jun. 2024 was HK$1,817 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GCL Technology Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 34.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GCL Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-1.20.


GCL Technology Holdings Accounts Receivable Historical Data

The historical data trend for GCL Technology Holdings'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.

GCL Technology Holdings Accounts Receivable Chart

GCL Technology Holdings 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 12,377.30 16,128.32 14,360.16 26,625.23 19,923.80

GCL Technology Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 19,812.74 26,625.23 23,942.67 19,923.80 1,816.59

GCL Technology Holdings Accounts Receivable Calculation

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


GCL Technology Holdings 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.

GCL Technology Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1816.589/9541.271*91
=34.75

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

GCL Technology Holdings'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)
=(6116.709+0.75 * 1816.589+0.5 * 2906.75-35118.866
-0-5641.113)/26436.1
=-1.20

* 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.


GCL Technology Holdings Accounts Receivable Related Terms

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


GCL Technology Holdings Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG
GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management, and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafers to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.
Executives
Zhu Gongshan
Zhu Yufeng
Blackrock, Inc. 2201 Interest of corporation controlled by you
Morgan Stanley 2201 Interest of corporation controlled by you
Asia Pacific Energy Fund Limited 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Yu Yong 2201 Interest of corporation controlled by you
Hong Shang Chan Ye Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

GCL Technology Holdings Headlines

No Headlines