GSIW (Garden Stage) Change In Receivables: $-7.10 Mil (TTM As of Mar. 2026)

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GSIW Garden Stage Ltd GSIW
14 GF Score
Price $17.16
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What is Garden Stage Change In Receivables?

Garden Stage GSIW +0.65% 14 Change In Receivables is $-7.10 Mil as of Mar. 2026. GuruFocus rates GSIW with a GF Score™ of 14/100. The stock has 5 warning signs investors should review.

Garden Stage's change in receivables for the quarter that ended in Mar. 2026 was $-2.29 Mil. It means Garden Stage's Accounts Receivable increased by $2.29 Mil from Sep. 2025 to Mar. 2026 .

Garden Stage's change in receivables for the fiscal year that ended in Mar. 2026 was $-7.10 Mil. It means Garden Stage's Accounts Receivable increased by $7.10 Mil from Mar. 2025 to Mar. 2026 .

Garden Stage's Accounts Receivable for the quarter that ended in Mar. 2026 was $8.75 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. Garden Stage's Days Sales Outstanding for the six months ended in Mar. 2026 was 431.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Garden Stage's liquidation value for the six months ended in Mar. 2026 was $-3.80 Mil.

Garden Stage  (NAS:GSIW) 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.

Garden Stage's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.753/3.706*91
=431.04

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

Garden Stage's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.862-17.703+0.75 * 8.753+0.5 * 0.948
=-3.80

* 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.

Garden Stage Change In Receivables Related Terms

Garden Stage Change In Receivables Historical Data

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The historical data trend for Garden Stage'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.

Garden Stage Change In Receivables Chart

Garden Stage Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial 0.51 -4.07 5.27 -0.96 -7.10

Garden Stage Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.23 -1.09 0.12 -4.81 -2.29
GSIW
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Garden Stage Ltd GSIW
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Garden Stage 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-7.10 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 $-7.10 Mil mean?
Garden Stage (GSIW) has a Change In Receivables of $-7.10 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Garden Stage and its competitors.
Is Garden Stage's Change In Receivables too high?
Garden Stage's current Change In Receivables is $-7.10 Mil. Overall, Garden Stage has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Garden Stage's Change In Receivables compare to ABIT and ATCH?
Garden Stage's Change In Receivables of $-7.10 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 Garden Stage and its competitors. Garden Stage's current Change In Receivables is $-7.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Stage stock overvalued right now?
Garden Stage (GSIW) has a current Change In Receivables of $-7.10 Mil. The current Change In Receivables is $-7.10 Mil. Garden Stage's overall GF Score™ is 14/100 with 5 warning signs to review. 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 Garden Stage (GSIW), the current Change In Receivables is $-7.10 Mil as of Mar. 2026. 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.

Garden Stage Business Description

Address 141 Des Voeux Road Central, 30th Floor, China Insurance Group Building, Central, Hong Kong, HKG
Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong; and I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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