DVLP (Golden Developing Solutions) Change In Receivables: $0.09 Mil (TTM As of Jun. 2023)

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What is Golden Developing Solutions Change In Receivables?

Golden Developing Solutions DVLP -90.00% Change In Receivables is $0.09 Mil as of Jun. 2023.

Golden Developing Solutions's change in receivables for the quarter that ended in Jun. 2023 was $0.17 Mil. It means Golden Developing Solutions's Accounts Receivable declined by $0.17 Mil from Mar. 2023 to Jun. 2023 .

Golden Developing Solutions's change in receivables for the fiscal year that ended in Dec. 2022 was $0.00 Mil. It means Golden Developing Solutions's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Golden Developing Solutions's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.37 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. Golden Developing Solutions's Days Sales Outstanding for the three months ended in Jun. 2023 was 38.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Developing Solutions's liquidation value for the three months ended in Jun. 2023 was $-8.25 Mil.

Golden Developing Solutions  (OTCPK:DVLP) 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.

Golden Developing Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.368/0.882*91
=38.07

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

Golden Developing Solutions's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.323-9.196+0.75 * 0.368+0.5 * 0.688
=-8.25

* 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.

Golden Developing Solutions Change In Receivables Related Terms

Golden Developing Solutions Change In Receivables Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Change In Receivables Chart

Golden Developing Solutions Annual Data
Trend Dec21 Dec22
Change In Receivables
0.00 0.00

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.08 0.17

Golden Developing Solutions 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.09 Mil mean?
Golden Developing Solutions (DVLP) has a Change In Receivables of $0.09 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Golden Developing Solutions and its competitors.
Is Golden Developing Solutions' Change In Receivables too high?
Golden Developing Solutions' current Change In Receivables is $0.09 Mil.
How does Golden Developing Solutions' Change In Receivables compare to CSTF and BLMS?
Golden Developing Solutions' Change In Receivables of $0.09 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Drug Manufacturers company?
A good Change In Receivables depends on the Drug Manufacturers industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Golden Developing Solutions and its competitors. Golden Developing Solutions's current Change In Receivables is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Change In Receivables of $0.09 Mil. The current Change In Receivables is $0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Golden Developing Solutions (DVLP), the current Change In Receivables is $0.09 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.