Richtech Robotics (Richtech Robotics) Change In Receivables : $-2.41 Mil (TTM As of Mar. 2024)

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What is Richtech Robotics Change In Receivables?

Richtech Robotics's change in receivables for the quarter that ended in Mar. 2024 was $-0.61 Mil. It means Richtech Robotics's Accounts Receivable increased by $0.61 Mil from Dec. 2023 to Mar. 2024 .

Richtech Robotics's change in receivables for the fiscal year that ended in Sep. 2023 was $-4.44 Mil. It means Richtech Robotics's Accounts Receivable increased by $4.44 Mil from Sep. 2022 to Sep. 2023 .

Richtech Robotics's Accounts Receivable for the quarter that ended in Mar. 2024 was $3.75 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. Richtech Robotics's Days Sales Outstanding for the three months ended in Mar. 2024 was 293.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Richtech Robotics's liquidation value for the three months ended in Mar. 2024 was $8.15 Mil.

Richtech Robotics Change In Receivables Historical Data

The historical data trend for Richtech Robotics'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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Richtech Robotics Change In Receivables Chart

Richtech Robotics Annual Data

Trend

Sep21

Sep22

Sep23

Change In Receivables

0.98

-1.61

-4.44

Richtech Robotics Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial						0.08	0.13	-4.37	2.43	-0.61

Richtech Robotics 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 $-2.41 Mil.

Richtech Robotics (NAS:RR) 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.

Richtech Robotics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.752	/	1.165	*	91
=	293.88

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

Richtech Robotics'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)
=	8.195	-	3.002	+	0.75 * 3.752	+	0.5 * 0.292
=	8.15

Richtech Robotics Change In Receivables Related Terms

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Richtech Robotics (Richtech Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Richtech Robotics Inc (NAS:RR) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

4175 Cameron Street, Suite 1, Las Vegas, NV, USA, 89103

Website

https://www.richtechrobotics.com

Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Richtech Robotics (Richtech Robotics) Headlines

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