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Gogolook Co (TPE:6902) Accounts Receivable : NT$170.1 Mil (As of Mar. 2024)


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What is Gogolook Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gogolook Co's accounts receivables for the quarter that ended in Mar. 2024 was NT$170.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gogolook Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 74.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gogolook Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$8.21.


Gogolook Co Accounts Receivable Historical Data

The historical data trend for Gogolook Co'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.

Gogolook Co Accounts Receivable Chart

Gogolook Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
29.30 61.65 82.40 143.41

Gogolook Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 114.92 138.04 127.54 143.41 170.13

Gogolook Co Accounts Receivable Calculation

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


Gogolook Co 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.

Gogolook Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=170.134/207.186*91
=74.93

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

Gogolook Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(384.557+0.75 * 170.134+0.5 * 0-249.41
-0-0)/31.9939
=8.21

* 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.


Gogolook Co Accounts Receivable Related Terms

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Gogolook Co (TPE:6902) Business Description

Traded in Other Exchanges
N/A
Address
No. 102, Sec. 2, Roosevelt Road, 23rd Floor-1, Zhongzheng District, Taipei City, TWN, 100
Website
Gogolook Co Ltd engages in the development of data-driven technology and the expansion of AI applications. Its business solutions comprise Watchmen Reputation Protection Service, identity suite, and Caller Database Solutions. Its Anti-Fraud Service comprises Whoscall, Auntie Meiyu fact-checker, and Call Defender; Fintech services comprise AI technology for fraud prevention and alert aiming to improve the level of trust between users and banks, offering an accessible platform for financial products.

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