GSE Systems Accounts Receivables 2011-2026 | GVP

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables GSE Systems

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
10.2 M	10.1 M	11.3 M	10.5 M	17.2 M	21.1 M	14 M	18.9 M	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
21.1 M	10.1 M	14.1 M

Quarterly Accounts Receivables GSE Systems

2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
9.39 M	9.18 M	10.2 M	10.7 M	10.2 M	10.5 M	10.1 M	10.2 M	9.54 M	10.4 M	11.3 M	12.5 M	11.4 M	11.7 M	10.5 M	10.5 M	10.5 M	10.5 M	17.2 M	17.2 M	17.2 M	17.2 M	21.1 M	19.2 M	19.2 M	18.8 M	14 M	14 M	14 M	14 M	18.9 M	18.9 M	18.9 M	18.9 M	13.1 M	13.1 M	13.1 M	13.1 M	15.8 M	12.5 M	15.8 M	15.8 M	24.6 M	20.9 M	24.6 M	24.6 M	23.7 M	-	23.7 M	23.7 M	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
24.6 M	9.18 M	15.2 M

Accounts Receivables of other stocks in the Software industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
ANSYS ANSS	1.02 B	-	-	$ 32.7 B	USA
Avaya Holdings Corp. AVYA	322 M	-	-	$ 3.47 M	USA
Powerbridge Technologies Co., Ltd. PBTS	14.3 M	-	2.4 %	$ 115 M	China
Brightcove BCOV	33.5 M	-	-	$ 192 K	USA
Black Knight BKI	194 M	-	-0.02 %	$ 11.7 B	USA
Sapiens International Corporation N.V. SPNS	48.6 M	-	-	$ 2.43 B	Curacao
Coupa Software Incorporated COUP	196 M	-	-	$ 6.12 B	USA
Alarm.com Holdings ALRM	142 M	$ 44.69	0.59 %	$ 2.23 B	USA
BlackBerry Limited BB	174 M	$ 3.53	1.29 %	$ 2.09 B	Canada
Citrix Systems CTXS	885 M	-	-	$ 13.2 B	USA
Altair Engineering ALTR	174 M	-	-	$ 9.4 B	USA
CYREN Ltd. CYRN	799 K	-	-18.15 %	$ 1.77 M	USA
Agora API	27.8 M	$ 3.78	3.28 %	$ 1.41 B	China
American Software AMSWA	28 M	-	-2.14 %	$ 369 M	USA
Viant Technology DSP	177 M	$ 10.54	-3.66 %	$ 173 M	USA
Ebix EBIX	155 M	-	-30.99 %	$ 36.3 M	USA
ChannelAdvisor Corporation ECOM	28.9 M	-	0.02 %	$ 668 M	USA
Euronet Worldwide EEFT	334 M	$ 68.16	2.88 %	$ 2.85 B	USA
AppFolio APPF	36.9 M	$ 154.66	-1.26 %	$ 5.57 B	USA
E2open Parent Holdings ETWO	133 M	-	-	$ 1.02 B	USA
Everbridge EVBG	119 M	-	-	$ 1.42 B	USA
Evolving Systems EVOL	5.68 M	-	-8.47 %	$ 13.9 M	USA
EVO Payments EVOP	20.1 M	-	-	$ 1.77 B	USA
Akamai Technologies AKAM	794 M	$ 116.0	1.85 %	$ 16.9 B	USA
EVERTEC EVTC	164 M	$ 28.48	2.01 %	$ 1.81 B	Puerto-rico
Digital Turbine APPS	182 M	$ 3.09	2.32 %	$ 321 M	USA
Cadence Design Systems CDNS	487 M	$ 289.5	3.59 %	$ 78.5 B	USA
Dropbox DBX	79.1 M	$ 22.7	-3.81 %	$ 6.09 B	USA
GreenBox POS GBOX	1.08 M	-	5.45 %	$ 43.6 M	USA
CyberArk Software Ltd. CYBR	93.1 M	-	-	$ 18.1 B	Israel
GTY Technology Holdings GTYH	12.6 M	-	0.17 %	$ 355 M	USA
Guidewire Software GWRE	141 M	$ 136.87	-6.3 %	$ 11.5 B	USA
GoDaddy GDDY	60.1 M	$ 80.82	-2.95 %	$ 10.8 B	USA
Avalara AVLR	114 M	-	-	$ 8.28 B	USA
Aware AWRE	3.01 M	$ 1.22	-3.17 %	$ 25.8 M	USA
Intrusion INTZ	100 K	$ 0.83	2.47 %	$ 16.4 M	USA
Datadog DDOG	741 M	$ 116.5	-0.03 %	$ 40.5 B	USA
Alteryx AYX	296 M	-	-	$ 3.42 B	USA
Jamf Holding Corp. JAMF	139 M	-	-	$ 1.67 B	USA
Aspen Technology AZPN	116 M	-	-	$ 16.8 B	USA
China Index Holdings Limited CIH	29.7 M	-	-	$ 85.7 M	China