GLG (ASX:GLE) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is GLG Change In Receivables?

GLG's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means GLG's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

GLG's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means GLG's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

GLG's Accounts Receivable for the quarter that ended in Dec. 2023 was A$41.3 Mil.

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 Receivable are being managed. GLG's Days Sales Outstanding for the six months ended in Dec. 2023 was 75.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GLG's liquidation value for the six months ended in Dec. 2023 was A$-5.8 Mil.

GLG Change In Receivables Historical Data

The historical data trend for GLG's Change In Receivables 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.

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GLG Change In Receivables Chart

GLG Annual Data

Trend

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Change In Receivables

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GLG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

GLG Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

GLG (ASX:GLE) Change In Receivables 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 Receivable are being managed.

GLG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	41.32	/	100.117	*	91
=	75.32

2. In Ben Graham's calculation of liquidation value, GLG's accounts receivable are only considered to be worth 75% of book value:

GLG's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.945	-	77.491	+	0.75 * 41.32	+	0.5 * 29.536
=	-5.8

GLG Change In Receivables Related Terms

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GLG (ASX:GLE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » GLG Corp Ltd (ASX:GLE) » Definitions » Change In Receivables

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Address

15, Harvey Road, Singapore, SGP, 369930

Website

https://www.ghimli.com

GLG Corp Ltd is engaged as a supplier of knitwear or apparel and supply chain management solutions. The operating segments of the company are fabric which is into the manufacture and wholesaling of fabric, and garments which are into manufacturing and wholesaling of garments where the garment segment contributes to a majority of revenue. The products offered by the group include ready-to-wear, casual active, sleepwear, menswear, and childrenswear.

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