Company / Accounts Receivable
GULF RESOURCES, INC. Accounts Receivable History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$564.5K
FY2024
5-year range
$564.5K / $14.5M
FY2020-FY2024
Trend
-88.4%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable has declined for 3 consecutive years, from $15M in FY2021 to $564,523 in FY2024.
Based on SEC 10-K filings.
$564,523 in FY2024 with a 5-year CAGR of -35.0%.
Declined from $5M to $564,523 over the past 2 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- -66.1%
- 5-Year CAGR
- -35.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- GULF RESOURCES, INC.'s accounts receivable has declined for 3 consecutive years.
- 5-year CAGR of -35.0%, indicating a declining trend.
- In FY2024, accounts receivable decreased 88.4% year-over-year.
- Peak accounts receivable was recorded in FY2017.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -2.45 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $564.5K | -88.4% |
| FY2023 | $4.9M | -9.3% |
| FY2022 | $5.4M | -63.1% |
| FY2021 | $14.5M | +122.7% |
| FY2020 | $6.5M | +33.7% |
| FY2019 | $4.9M | - |
| FY2018 | $0 | -100.0% |
| FY2017 | $51.8M | +0.0% |
| FY2016 | $51.8M | +3.7% |
| FY2015 | $50.0M | +19.0% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026