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GMT Global (ROCO:4573) Accounts Receivable : NT$109.9 Mil (As of Dec. 2023)


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What is GMT Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GMT Global's accounts receivables for the quarter that ended in Dec. 2023 was NT$109.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GMT Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 92.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GMT Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-20.57.


GMT Global Accounts Receivable Historical Data

The historical data trend for GMT Global'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.

GMT Global Accounts Receivable Chart

GMT Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 109.81 135.34 113.04 96.82 109.90

GMT Global Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 113.04 137.26 96.82 76.81 109.90

GMT Global Accounts Receivable Calculation

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


GMT Global 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.

GMT 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
=109.901/216.245*91
=92.75

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

GMT Global's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(40.892+0.75 * 109.901+0.5 * 423.681-1090.648
-0--0.802)/36.697
=-20.57

* 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.


GMT Global Accounts Receivable Related Terms

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GMT Global (ROCO:4573) Business Description

Traded in Other Exchanges
N/A
Address
No. 357, Section 1, Yaofeng Road, Puxin Township, Changhua County, Changhua, TWN, 50442
GMT Global Inc is engaged in the manufacturing of the precision die, precision dies sets and mold components. The company also helps in the fields of biomedical genetic engineering, precision optical engineering, MEMS manufacturing and other fields with the manufacturing of positioning stage elements. Its products profile include Actuators, Electric Gripper, Linear Cylinder, Optical Table, Hi-resolution stage, and others.

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