Guardforce AI Co (Guardforce AI Co) Change In Receivables : $-0.08 Mil (TTM As of Dec. 2023)

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What is Guardforce AI Co Change In Receivables?

Guardforce AI Co's change in receivables for the quarter that ended in Dec. 2023 was $0.14 Mil. It means Guardforce AI Co's Accounts Receivable declined by $0.14 Mil from Jun. 2023 to Dec. 2023 .

Guardforce AI Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.08 Mil. It means Guardforce AI Co's Accounts Receivable increased by $0.08 Mil from Dec. 2022 to Dec. 2023 .

Guardforce AI Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $5.63 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. Guardforce AI Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guardforce AI Co's liquidation value for the six months ended in Dec. 2023 was $4.12 Mil.

Guardforce AI Co Change In Receivables Historical Data

The historical data trend for Guardforce AI Co'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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Guardforce AI Co Change In Receivables Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.12

0.82

0.41

-15.04

-0.08

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				0.57	0.46	-15.50	-0.22	0.14

Guardforce AI Co 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.08 Mil.

Guardforce AI Co (NAS:GFAI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.631	/	17.867	*	91
=	57.52

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

Guardforce AI Co'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)
=	20.235	-	20.662	+	0.75 * 5.631	+	0.5 * 0.65
=	4.12

Guardforce AI Co Change In Receivables Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.