GGL (Games Global) Change In Receivables: $-8.47 Mil (TTM As of Dec. 2023)

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What is Games Global Change In Receivables?

Games Global GGL Change In Receivables is $-8.47 Mil as of Dec. 2023.

Games Global's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Games Global's Accounts Receivable stayed the same from Mar. 2023 to Dec. 2023 .

Games Global's change in receivables for the fiscal year that ended in Mar. 2023 was $-43.42 Mil. It means Games Global's Accounts Receivable increased by $43.42 Mil from Mar. 2022 to Mar. 2023 .

Games Global's Accounts Receivable for the quarter that ended in Dec. 2023 was $96.27 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Games Global's liquidation value for the three months ended in Dec. 2023 was $43.40 Mil.

Games Global  (NYSE:GGL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=96.269/0*91
=

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

Games Global'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)
=60.503-89.308+0.75 * 96.269+0.5 * 0
=43.40

* 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.

Games Global Change In Receivables Related Terms

Games Global Change In Receivables Historical Data

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The historical data trend for Games Global'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.

Games Global Change In Receivables Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
0.00 10.21 -43.42

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Change In Receivables 0.00 0.00 -8.47 0.00

Games Global 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 quarterly data reported by the company within the most recent 12 months, which was $-8.47 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 $-8.47 Mil mean?
Games Global (GGL) has a Change In Receivables of $-8.47 Mil as of Dec. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Games Global and its competitors.
Is Games Global's Change In Receivables too high?
Games Global's current Change In Receivables is $-8.47 Mil.
How does Games Global's Change In Receivables compare to ?
Games Global's Change In Receivables of $-8.47 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 Games Global and its competitors. Games Global's current Change In Receivables is $-8.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Global stock overvalued right now?
Games Global (GGL) has a current Change In Receivables of $-8.47 Mil. The current Change In Receivables is $-8.47 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 Games Global (GGL), the current Change In Receivables is $-8.47 Mil as of Dec. 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.

Games Global Business Description

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Address 62 Circular Road, Douglas, IMN, IM1 1LA
Games Global Ltd is a company that primarily works on developing, holding, and exploiting gaming-related intellectual property, as well as creating casino-style gaming content and business-to-business solutions for iGaming operators in regulated markets around the world, based on the size of its studio network.