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Global Fashion Group (WBO:GFGT) Accounts Receivable : €48.8 Mil (As of Dec. 2024)


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What is Global Fashion Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Fashion Group's accounts receivables for the quarter that ended in Dec. 2024 was €48.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Fashion Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 21.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Fashion Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.57.


Global Fashion Group Accounts Receivable Historical Data

The historical data trend for Global Fashion Group'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.

Global Fashion Group Accounts Receivable Chart

Global Fashion Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 80.20 52.30 37.10 38.60 48.80

Global Fashion Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 37.10 34.50 38.60 28.00 48.80

Global Fashion Group Accounts Receivable Calculation

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


Global Fashion Group 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.

Global Fashion Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.8/406*91
=21.94

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

Global Fashion Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(210.6+0.75 * 48.8+0.5 * 96.4-426.3
-0--2.5)/225.364
=-0.57

* 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.


Global Fashion Group Accounts Receivable Related Terms

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Global Fashion Group Business Description

Traded in Other Exchanges
Address
5, Heienhaff, Senningerberg, LUX, L-1736
Global Fashion Group SA is a fashion and lifestyle e-commerce and associated ancillary services such as marketing, technology, payment, warehousing, and logistics services. The Group offers a wide assortment of international and local fashion brands, as well as a selection of its label brands. The Group operates in growth markets through three e-commerce platforms across three regions under the following labels: Dafiti (LATAM), Zalora (SEA), and The Iconic (ANZ). The business segments of the company include Latin America (LATAM), SEA, and ANZ. The majority of the revenue is generated from the ANZ segment, which represents the operations of The Iconic brand in Australia and New Zealand.

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