Good Gamer Entertainment (TSXV:GOOD) Change In Receivables : C$-0.07 Mil (TTM As of Dec. 2023)

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What is Good Gamer Entertainment Change In Receivables?

Good Gamer Entertainment's change in receivables for the quarter that ended in Dec. 2023 was C$-0.04 Mil. It means Good Gamer Entertainment's Accounts Receivable increased by C$0.04 Mil from Sep. 2023 to Dec. 2023 .

Good Gamer Entertainment's change in receivables for the fiscal year that ended in Mar. 2023 was C$-0.01 Mil. It means Good Gamer Entertainment's Accounts Receivable increased by C$0.01 Mil from Mar. 2022 to Mar. 2023 .

Good Gamer Entertainment's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.08 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. Good Gamer Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Good Gamer Entertainment's liquidation value for the three months ended in Dec. 2023 was C$-0.45 Mil.

Good Gamer Entertainment Change In Receivables Historical Data

The historical data trend for Good Gamer Entertainment'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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Good Gamer Entertainment Change In Receivables Chart

Good Gamer Entertainment Annual Data

Trend

Dec20

Dec21

Mar22

Mar23

Change In Receivables

-0.10

0.06

-0.01

Good Gamer Entertainment Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial					0.08	0.03	-0.02	-	-0.04

Good Gamer Entertainment 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 quarterly data reported by the company within the most recent 12 months, which was C$-0.07 Mil.

Good Gamer Entertainment (TSXV:GOOD) 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.

Good Gamer Entertainment's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.075	/	0.107	*	91
=	63.96

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

Good Gamer Entertainment'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)
=	0.185	-	0.692	+	0.75 * 0.075	+	0.5 * 0
=	-0.45

Good Gamer Entertainment Change In Receivables Related Terms

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Good Gamer Entertainment (TSXV:GOOD) Business Description

Industry

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GGAMF:USA

Address

700 W Pender Streets, Suite 1290, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.goodgamer.ca

Good Gamer Entertainment Inc operates an online play-to-earn game discovery and entertainment platform in Canada and the United States. offers a premium real-money skill-based gaming tournament management platform that offers a win-win for gamers and developers. The Company will have the following reportable segments: display advertisements, non-fungible tokens (NFTs), search monetization, chrome extensions, corporate and development, tournament management platform (TMP), PlayCash, and Fantasy app. The majority of its revenue generates from the NFT segment. It also offers gamers the opportunity to play their favorite mobile games and win real cash prizes. Geographically it operates in USA and India.