RTC Group (LSE:RTC) Change In Receivables : £-2.03 Mil (TTM As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is RTC Group Change In Receivables?

RTC Group's change in receivables for the quarter that ended in Dec. 2023 was £-1.49 Mil. It means RTC Group's Accounts Receivable increased by £1.49 Mil from Jun. 2023 to Dec. 2023 .

RTC Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-2.03 Mil. It means RTC Group's Accounts Receivable increased by £2.03 Mil from Dec. 2022 to Dec. 2023 .

RTC Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £13.23 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. RTC Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RTC Group's liquidation value for the six months ended in Dec. 2023 was £-3.24 Mil.

RTC Group Change In Receivables Historical Data

The historical data trend for RTC 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.

RTC Group Change In Receivables Chart

RTC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.02

2.41

-0.08

-1.91

-2.03

RTC Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															1.60	-0.13	-1.78	-0.54	-1.49

RTC 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.03 Mil.

RTC Group (LSE:RTC) 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.

RTC Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.225	/	53.22	*	91
=	45.35

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

RTC Group'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)
=	1.069	-	14.232	+	0.75 * 13.225	+	0.5 * 0.015
=	-3.24

RTC Group Change In Receivables Related Terms

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

RTC Group (LSE:RTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RTC Group PLC (LSE:RTC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX

Website

https://www.rtcgroupplc.co.uk

RTC Group PLC is engaged in the engineering and technical recruitment business that provides temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The company's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment.