Gambling.com Group (Gambling.com Group) Change In Receivables : $-4.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Gambling.com Group Change In Receivables?

Gambling.com Group's change in receivables for the quarter that ended in Mar. 2024 was $2.2 Mil. It means Gambling.com Group's Accounts Receivable declined by $2.2 Mil from Dec. 2023 to Mar. 2024 .

Gambling.com Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.4 Mil. It means Gambling.com Group's Accounts Receivable increased by $10.4 Mil from Dec. 2022 to Dec. 2023 .

Gambling.com Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $16.3 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. Gambling.com Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gambling.com Group's liquidation value for the three months ended in Mar. 2024 was $8.8 Mil.

Gambling.com Group Change In Receivables Historical Data

The historical data trend for Gambling.com Group'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.

* Premium members only.

Gambling.com Group Change In Receivables Chart

Gambling.com Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.51

-3.05

-0.55

-5.84

-10.39

Gambling.com Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial													-3.86	1.97	-5.24	-3.26	2.24

Gambling.com Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 Mil.

Gambling.com Group (NAS:GAMB) 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.

Gambling.com Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.284	/	29.215	*	91
=	50.86

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

Gambling.com Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.318	-	28.729	+	0.75 * 16.284	+	0.5 * 0
=	8.8

Gambling.com Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Gambling.com Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Gambling.com Group (Gambling.com Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gambling.com Group Ltd (NAS:GAMB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6WH:Germany

Address

22 Grenville Street, Saint Helier, JEY, JE4 8PX

Website

https://www.gambling.com

Gambling.com Group Ltd is a multi-award-winning performance marketing company and a provider of digital marketing services in the online gambling industry. Its principal focus is on iGaming and sports betting. It generates revenue by referring online gamblers to online gambling operators.