GSS Energy (SGX:41F) Change In Receivables : S$-13.4 Mil (TTM As of Dec. 2023)

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What is GSS Energy Change In Receivables?

GSS Energy's change in receivables for the quarter that ended in Dec. 2023 was S$7.1 Mil. It means GSS Energy's Accounts Receivable declined by S$7.1 Mil from Jun. 2023 to Dec. 2023 .

GSS Energy's change in receivables for the fiscal year that ended in Dec. 2023 was S$-13.4 Mil. It means GSS Energy's Accounts Receivable increased by S$13.4 Mil from Dec. 2022 to Dec. 2023 .

GSS Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was S$21.9 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. GSS Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GSS Energy's liquidation value for the six months ended in Dec. 2023 was S$-22.5 Mil.

GSS Energy Change In Receivables Historical Data

The historical data trend for GSS Energy'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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GSS Energy Change In Receivables Chart

GSS Energy Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.57

-17.09

8.87

15.76

-13.40

GSS Energy Semi-Annual Data
	Aug13	Feb14	Aug14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															5.25	-6.06	21.82	-20.54	7.14

GSS Energy 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 S$-13.4 Mil.

GSS Energy (SGX:41F) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.897	/	59.216	*	91
=	67.49

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

GSS Energy'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)
=	14.532	-	62.611	+	0.75 * 21.897	+	0.5 * 18.295
=	-22.5

GSS Energy Change In Receivables Related Terms

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GSS Energy (SGX:41F) Business Description

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Address

Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628

Website

https://www.giken.com.sg

GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

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