GDET (GD Entertainment & Technology) Change In Receivables: $-0.47 Mil (TTM As of Feb. 2006)

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What is GD Entertainment & Technology Change In Receivables?

GD Entertainment & Technology GDET -99.00% Change In Receivables is $-0.47 Mil as of Feb. 2006.

GD Entertainment & Technology's change in receivables for the quarter that ended in Feb. 2006 was $-0.45 Mil. It means GD Entertainment & Technology's Accounts Receivable increased by $0.45 Mil from Nov. 2005 to Feb. 2006 .

GD Entertainment & Technology's change in receivables for the fiscal year that ended in May. 2005 was $0.01 Mil. It means GD Entertainment & Technology's Accounts Receivable declined by $0.01 Mil from May. 2004 to May. 2005 .

GD Entertainment & Technology's Accounts Receivable for the quarter that ended in Feb. 2006 was $0.54 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. GD Entertainment & Technology's Days Sales Outstanding for the three months ended in Feb. 2006 was 72.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GD Entertainment & Technology's liquidation value for the three months ended in Feb. 2006 was $-3.92 Mil.

GD Entertainment & Technology  (OTCPK:GDET) 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.

GD Entertainment & Technology's Days Sales Outstanding for the quarter that ended in Feb. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.54/0.682*91
=72.25

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

GD Entertainment & Technology's liquidation value for the quarter that ended in Feb. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=-0.009-4.326+0.75 * 0.54+0.5 * 0.014
=-3.92

* 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.

GD Entertainment & Technology Change In Receivables Related Terms

GD Entertainment & Technology Change In Receivables Historical Data

* Premium members only.

The historical data trend for GD Entertainment & 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.

GD Entertainment & Technology Change In Receivables Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Change In Receivables
-0.03 -0.02 0.01

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 0.01 -0.01 -0.02 -0.45

GD Entertainment & 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 Feb. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.47 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 $-0.47 Mil mean?
GD Entertainment & Technology (GDET) has a Change In Receivables of $-0.47 Mil as of Feb. 2006. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Change In Receivables too high?
GD Entertainment & Technology's current Change In Receivables is $-0.47 Mil.
How does GD Entertainment & Technology's Change In Receivables compare to competitors?
GD Entertainment & Technology's Change In Receivables of $-0.47 Mil can be compared against companies in the Personal Services 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 Personal Services company?
A good Change In Receivables depends on the Personal Services 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 GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Change In Receivables is $-0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Change In Receivables of $-0.47 Mil. The current Change In Receivables is $-0.47 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 GD Entertainment & Technology (GDET), the current Change In Receivables is $-0.47 Mil as of Feb. 2006. 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.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.