Redishred Capital (TSXV:KUT) Change In Receivables : C$-0.27 Mil (TTM As of Dec. 2023)

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What is Redishred Capital Change In Receivables?

Redishred Capital's change in receivables for the quarter that ended in Dec. 2023 was C$-0.02 Mil. It means Redishred Capital's Accounts Receivable increased by C$0.02 Mil from Sep. 2023 to Dec. 2023 .

Redishred Capital's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.27 Mil. It means Redishred Capital's Accounts Receivable increased by C$0.27 Mil from Dec. 2022 to Dec. 2023 .

Redishred Capital's Accounts Receivable for the quarter that ended in Dec. 2023 was C$9.19 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. Redishred Capital's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Redishred Capital's liquidation value for the three months ended in Dec. 2023 was C$-37.40 Mil.

Redishred Capital Change In Receivables Historical Data

The historical data trend for Redishred Capital'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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Redishred Capital Change In Receivables Chart

Redishred Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.15

-1.74

-2.99

-0.27

Redishred Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.94	-0.16	-0.42	0.34	-0.02

Redishred Capital 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 quarterly data reported by the company within the most recent 12 months, which was C$-0.27 Mil.

Redishred Capital (TSXV:KUT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.19	/	16.816	*	91
=	49.87

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

Redishred Capital'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)
=	3.611	-	47.9	+	0.75 * 9.19	+	0.5 * 0
=	-37.40

Redishred Capital Change In Receivables Related Terms

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Redishred Capital (TSXV:KUT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Redishred Capital Corp (TSXV:KUT) » Definitions » Change In Receivables

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RDCPF:USA

Address

2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7

Website

https://www.proshred.com

Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).

Executives

Robert Michael Crozier

Director

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