RCI Hospitality Holdings (LTS:0KT6) Change In Receivables : $-2.0 Mil (TTM As of Mar. 2024)

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What is RCI Hospitality Holdings Change In Receivables?

RCI Hospitality Holdings's change in receivables for the quarter that ended in Mar. 2024 was $-0.2 Mil. It means RCI Hospitality Holdings's Accounts Receivable increased by $0.2 Mil from Dec. 2023 to Mar. 2024 .

RCI Hospitality Holdings's change in receivables for the fiscal year that ended in Sep. 2023 was $-2.4 Mil. It means RCI Hospitality Holdings's Accounts Receivable increased by $2.4 Mil from Sep. 2022 to Sep. 2023 .

RCI Hospitality Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $5.9 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. RCI Hospitality Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RCI Hospitality Holdings's liquidation value for the three months ended in Mar. 2024 was $-297.7 Mil.

RCI Hospitality Holdings Change In Receivables Historical Data

The historical data trend for RCI Hospitality Holdings'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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RCI Hospitality Holdings Change In Receivables Chart

RCI Hospitality Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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0.46

-0.29

-0.77

-0.18

-2.38

RCI Hospitality Holdings Quarterly Data
	Jun19	Sep19	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															-0.74	0.77	-3.86	1.23	-0.16

RCI Hospitality Holdings 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 $-2.0 Mil.

RCI Hospitality Holdings (LTS:0KT6) 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.

RCI Hospitality Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.907	/	72.283	*	91
=	7.46

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

RCI Hospitality Holdings'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)
=	19.973	-	324.394	+	0.75 * 5.907	+	0.5 * 4.554
=	-297.7

RCI Hospitality Holdings Change In Receivables Related Terms

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RCI Hospitality Holdings (LTS:0KT6) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » RCI Hospitality Holdings Inc (LTS:0KT6) » Definitions » Change In Receivables

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RICK:USA RIK:Germany

Address

10737 Cutten Road, Houston, TX, USA, 77066

Website

http://www.rcihospitality.com

RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.

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