GigaCloud Technology (GigaCloud Technology) Change In Receivables : $-3.0 Mil (TTM As of Mar. 2024)

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What is GigaCloud Technology Change In Receivables?

GigaCloud Technology's change in receivables for the quarter that ended in Mar. 2024 was $-0.6 Mil. It means GigaCloud Technology's Accounts Receivable increased by $0.6 Mil from Dec. 2023 to Mar. 2024 .

GigaCloud Technology's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.1 Mil. It means GigaCloud Technology's Accounts Receivable increased by $5.1 Mil from Dec. 2022 to Dec. 2023 .

GigaCloud Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was $59.4 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. GigaCloud Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GigaCloud Technology's liquidation value for the three months ended in Mar. 2024 was $-326.9 Mil.

GigaCloud Technology Change In Receivables Historical Data

The historical data trend for GigaCloud Technology'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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GigaCloud Technology Change In Receivables Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-6.65

-10.12

5.90

-9.16

-5.06

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										-2.71	-0.60	-1.25	-0.51	-0.63

GigaCloud Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.0 Mil.

GigaCloud Technology (NAS:GCT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	59.4	/	251.077	*	91
=	21.59

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

GigaCloud Technology's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	195.289	-	659.829	+	0.75 * 59.4	+	0.5 * 186.131
=	-326.9

GigaCloud Technology Change In Receivables Related Terms

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GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.