GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GiG Software PLC (OSTO:GIG SDB) » Definitions » Accounts Receivable

GiG Software (OSTO:GIG SDB) Accounts Receivable : kr155.6 Mil (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is GiG Software Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GiG Software's accounts receivables for the quarter that ended in Mar. 2025 was kr155.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GiG Software's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 142.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GiG Software's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was kr-0.31.


GiG Software Accounts Receivable Historical Data

The historical data trend for GiG Software'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.

GiG Software Accounts Receivable Chart

GiG Software Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 63.06 94.87 86.21 - 83.41

GiG Software Quarterly Data
Dec18 Dec19 Dec20 Dec21 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 188.46 83.41 155.55

GiG Software Accounts Receivable Calculation

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


GiG Software 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.

GiG Software's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=155.552/99.685*91
=142.39

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

GiG Software's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(53.676+0.75 * 155.552+0.5 * 0-212.515
-0-0)/134.708
=-0.31

* 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.


GiG Software Accounts Receivable Related Terms

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


GiG Software Business Description

Traded in Other Exchanges
Address
Triq id-Dragunara, St Julian’s, MLT, STJ 3148
GiG Software PLC is a B2B provider of software within the iGaming industry, offering its proprietary technical platform solutions and services tailored to casino operators through a SaaS model. The Company enables operators to design, implement, and operate online casinos through its comprehensive turn-key platform and surrounding product suite. Its products and services are iGaming Platform, Sportsbook Sweepstakes Social Casino, AI Solutions, and Turnkey iGaming services.

GiG Software Headlines

No Headlines