Reliant Holdings (Reliant Holdings) Change In Receivables : $0.01 Mil (TTM As of Mar. 2024)

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What is Reliant Holdings Change In Receivables?

Reliant Holdings's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Reliant Holdings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Reliant Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $0.03 Mil. It means Reliant Holdings's Accounts Receivable declined by $0.03 Mil from Dec. 2022 to Dec. 2023 .

Reliant Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 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. Reliant Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Reliant Holdings's liquidation value for the three months ended in Mar. 2024 was $-0.05 Mil.

Reliant Holdings Change In Receivables Historical Data

The historical data trend for Reliant 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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Reliant Holdings Change In Receivables Chart

Reliant Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.01

-0.08

0.06

-0.02

0.03

Reliant 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															0.02	-	-	-	-

Reliant 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 $0.01 Mil.

Reliant Holdings (OTCPK:RELT) 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.

Reliant 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
=	0.001	/	0.576	*	91
=	0.16

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

Reliant 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)
=	0.238	-	0.522	+	0.75 * 0.001	+	0.5 * 0.457
=	-0.05

Reliant Holdings Change In Receivables Related Terms

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Reliant Holdings (Reliant Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliant Holdings Inc (OTCPK:RELT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

12343 Hymeadow Drive, Suite 3-A, Austin, TX, USA, 78750

Website

https://reliantholdingsinc.com

Reliant Holdings Inc, through its subsidiary, is involved in assisting customers with the design of, and then construction, recreational pools that blend in with the surroundings, geometric pools that complement the home's architecture and water features. The company builds Freeform Pool and Geometric Pool, concrete pools, and in-ground residential swimming pools. It also offers cleaning, treating, maintenance, and repair services to pools and spas.

Executives

Miguel Chavez	10 percent owner	10012 BARBROOK DR, AUSTIN TX 78726
Elijah May	director, 10 percent owner, officer: President, CEO and COO	8400 JAMESTOWN DR. UNIT 422, AUSTIN TX 78758
Rebecca Spohn Donovan	10 percent owner	6501 SAN ANTONIO DR. NE #2403, ALBUQUERQUE NM 87109

Reliant Holdings (Reliant Holdings) Headlines

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