GINSMS (TSXV:GOK) Change In Receivables : C$-0.18 Mil (TTM As of Dec. 2023)

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What is GINSMS Change In Receivables?

GINSMS's change in receivables for the quarter that ended in Dec. 2023 was C$0.09 Mil. It means GINSMS's Accounts Receivable declined by C$0.09 Mil from Sep. 2023 to Dec. 2023 .

GINSMS's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.18 Mil. It means GINSMS's Accounts Receivable increased by C$0.18 Mil from Dec. 2022 to Dec. 2023 .

GINSMS's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.64 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. GINSMS's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GINSMS's liquidation value for the three months ended in Dec. 2023 was C$-2.81 Mil.

GINSMS Change In Receivables Historical Data

The historical data trend for GINSMS'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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GINSMS Change In Receivables Chart

GINSMS Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.32

-0.18

-0.03

0.03

-0.18

GINSMS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.11	-0.11	-0.01	-0.15	0.09

GINSMS 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 C$-0.18 Mil.

GINSMS (TSXV:GOK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.636	/	0.755	*	91
=	76.87

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

GINSMS'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)
=	0.24	-	3.526	+	0.75 * 0.636	+	0.5 * 0
=	-2.81

GINSMS Change In Receivables Related Terms

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GINSMS (TSXV:GOK) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GINSMS Inc (TSXV:GOK) » Definitions » Change In Receivables

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Address

700 9th Avenue SW, Suite 3000, Calgary, AB, CAN, T2P 3V4

Website

http://www.ginsms.com

GINSMS Inc is a Canada based investment holding company. Its principal activities are providing messaging services which include enabling mobile application developers, short message service gateway, enterprises and financial institution to deliver SMS worldwide without any upfront capital investment through the use of the corporation's application programming interface. It also provides software product and services. The company's revenue sources are A2P messaging service income and software products and service income. The company provides services to various countries that are Singapore, Indonesia, Other Asian countries, the US and other regions, of which key revenue is derived from Singapore.

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