RenoWorks Software (TSXV:RW) Change In Receivables : C$0.14 Mil (TTM As of Dec. 2023)

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What is RenoWorks Software Change In Receivables?

RenoWorks Software's change in receivables for the quarter that ended in Dec. 2023 was C$0.30 Mil. It means RenoWorks Software's Accounts Receivable declined by C$0.30 Mil from Sep. 2023 to Dec. 2023 .

RenoWorks Software's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.04 Mil. It means RenoWorks Software's Accounts Receivable declined by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

RenoWorks Software's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.67 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. RenoWorks Software's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RenoWorks Software's liquidation value for the three months ended in Dec. 2023 was C$-0.72 Mil.

RenoWorks Software Change In Receivables Historical Data

The historical data trend for RenoWorks Software'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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RenoWorks Software Change In Receivables Chart

RenoWorks Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.02

-0.25

-0.11

0.04

RenoWorks Software 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															0.33	-0.17	0.23	-0.21	0.30

RenoWorks Software 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$0.14 Mil.

RenoWorks Software (TSXV:RW) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.666	/	1.503	*	91
=	40.43

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

RenoWorks Software'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)
=	0.646	-	1.868	+	0.75 * 0.666	+	0.5 * 0
=	-0.72

RenoWorks Software Change In Receivables Related Terms

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RenoWorks Software (TSXV:RW) Business Description

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ROWKF:USA

Address

2721 Hopewell Place NE, 2nd Floor, Calgary, AB, CAN, T1Y 7J7

Website

https://www.renoworks.com

RenoWorks Software Inc is a Canada-based software company. It develops and distributes digital visualization software for the remodeling and new home construction industry. The company's product offering includes Design services, Licensing and hosting, Libraries, Implementation and others. It serves manufacturers, contractors, retailers, marketers, homeowners, and builders. The firm markets its technologies as innovative engagement tools and generates revenues from four main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services and Renoworks API (Application Programming Interface).

Executives

Robert Schulz

Director

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