GainClients (GainClients) Accounts Receivable : $0.00 Mil (As of Sep. 2023)

View and export this data going back to 2002. Start your Free Trial

What is GainClients Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GainClients's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GainClients's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GainClients's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.03.

GainClients Accounts Receivable Historical Data

The historical data trend for GainClients's Accounts Receivable 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.

* Premium members only.

GainClients Accounts Receivable Chart

GainClients Annual Data

Trend

Accounts Receivable

GainClients Quarterly Data
	Jun22	Sep22	Jun23	Sep23
Accounts Receivable	-	-	0.01	-

GainClients Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

GainClients Accounts Receivable 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 receivables are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.027	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), GainClients's accounts receivable are only considered to be worth 75% of book value:

GainClients's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.008	+	0.75 * 0	+	0.5 * 0	-	6.092
-	3.2	-	0)	/	345.519
=	-0.03

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

GainClients Accounts Receivable Related Terms

Thank you for viewing the detailed overview of GainClients's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

GainClients (GainClients) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GainClients Inc (OTCPK:GCLT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6245 East Broadway Boulevard, Suite 400, Tucson, AZ, USA, 85711

Website

https://www.thegainclientsway.com

GainClients Inc is a United States-based software service company. It provides lead generation and marketing services to the real estate industry. Its primary products are The GCard and the Daily Opportunity Service. The GCard is a web and mobile real estate networking service that connects professionals and consumers where home search behavior is tracked and reported. The Daily Opportunity Service is a new purchase money solution for lending and title organizations. These services can be used together or separately providing flexibility and customized solutions.