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Geo (NZSE:GEO) Accounts Receivable : NZ$0.08 Mil (As of Jun. 2023)


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What is Geo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Geo's accounts receivables for the quarter that ended in Jun. 2023 was NZ$0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Geo's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 9.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Geo's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was NZ$-0.01.


Geo Accounts Receivable Historical Data

The historical data trend for Geo'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.

Geo Accounts Receivable Chart

Geo Annual Data
Trend Mar14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.36 0.06 0.07 0.06 0.08

Geo Semi-Annual Data
Sep13 Mar14 Sep14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.27 0.06 0.45 0.08

Geo Accounts Receivable Calculation

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


Geo 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.082/1.591*91
=9.41

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

Geo's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.919+0.75 * 0.082+0.5 * 0-3.538
-0-0)/220.48
=-0.01

* 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.


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.


Geo Accounts Receivable Related Terms

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Geo (NZSE:GEO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
171 Featherston Street, Bell Gully, Level 21, ANZ Centre, Wellington, NTL, NZL, 6011
Geo Ltd is engaged in the development and commercial deployment of cloud-based mobile workforce productivity technologies. It provides cloud-based business productivity software and applications for small to large businesses with mobile and distributed workforces. Its division includes Geo and Geo for Sales. The company generates maximum revenue from the Geo division.