GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Goobit Group AB (OSTO:BTCX) » Definitions » Accounts Receivable

Goobit Group AB (OSTO:BTCX) Accounts Receivable : kr0.00 Mil (As of Jul. 2023)


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

What is Goobit Group AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Goobit Group AB's accounts receivables for the quarter that ended in Jul. 2023 was kr0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Goobit Group AB's Days Sales Outstanding for the quarter that ended in Jul. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Goobit Group AB's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was kr-0.03.


Goobit Group AB Accounts Receivable Historical Data

The historical data trend for Goobit Group AB'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.

Goobit Group AB Accounts Receivable Chart

Goobit Group AB Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
- - - - -

Goobit Group AB Quarterly Data
Apr19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 - - - - -

Goobit Group AB Accounts Receivable Calculation

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


Goobit Group AB 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.

Goobit Group AB's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/21.556*91
=0.00

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

Goobit Group AB's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2023 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)
=(4.134+0.75 * 0+0.5 * 0.183-10.252
-0-0)/196.933
=-0.03

* 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.


Goobit Group AB Accounts Receivable Related Terms

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


Goobit Group AB (OSTO:BTCX) Business Description

Traded in Other Exchanges
Address
Stora Nygatan 28, Stockholm, SWE, 111 27
Goobit Group AB is a crypto exchange company. It offers exchange services of Swedish kronor and euros to the digital currencies bitcoin and ether, and has so far exchanged over SEK 1.7 billion. The company's brands are BTCX Express and Standard BTCX.

Goobit Group AB (OSTO:BTCX) Headlines

No Headlines