Roma Green Finance (Roma Green Finance) Change In Receivables

: $0.04 Mil (TTM As of Mar. 2023)

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Roma Green Finance's change in receivables for the quarter that ended in Mar. 2023 was $-0.26 Mil. It means Roma Green Finance's Accounts Receivable increased by $0.26 Mil from Sep. 2022 to Mar. 2023 .

Roma Green Finance's change in receivables for the fiscal year that ended in Mar. 2023 was $0.04 Mil. It means Roma Green Finance's Accounts Receivable declined by $0.04 Mil from Mar. 2022 to Mar. 2023 .

Roma Green Finance's Accounts Receivable for the quarter that ended in Mar. 2023 was $0.34 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. Roma Green Finance's Days Sales Outstanding for the six months ended in Mar. 2023 was 65.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Roma Green Finance's liquidation value for the six months ended in Mar. 2023 was $-0.45 Mil.

Roma Green Finance Change In Receivables Historical Data

The historical data trend for Roma Green Finance'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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Roma Green Finance Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-0.04

-0.09

0.04

Roma Green Finance Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23
Change In Receivables	-	0.18	-0.26	0.30	-0.26

Roma Green Finance 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.04 Mil.

Roma Green Finance (NAS:ROMA) 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.

Roma Green Finance's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.34	/	0.947	*	91
=	65.52

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

Roma Green Finance's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.068	-	0.776	+	0.75 * 0.34	+	0.5 * 0
=	-0.45

Roma Green Finance Change In Receivables Related Terms

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Roma Green Finance (Roma Green Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Roma Green Finance Ltd (NAS:ROMA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

http://www.romaesg.com

Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

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