Rite Aid (Rite Aid) Change In Receivables

: $59 Mil (TTM As of Aug. 2023)

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Rite Aid's change in receivables for the quarter that ended in Aug. 2023 was $-57 Mil. It means Rite Aid's Accounts Receivable increased by $57 Mil from May. 2023 to Aug. 2023 .

Rite Aid's change in receivables for the fiscal year that ended in Feb. 2023 was $152 Mil. It means Rite Aid's Accounts Receivable declined by $152 Mil from Feb. 2022 to Feb. 2023 .

Rite Aid's Accounts Receivable for the quarter that ended in Aug. 2023 was $1,473 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. Rite Aid's Days Sales Outstanding for the three months ended in Aug. 2023 was 23.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rite Aid's liquidation value for the three months ended in Aug. 2023 was $-6,898 Mil.

Rite Aid Change In Receivables Historical Data

The historical data trend for Rite Aid'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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Rite Aid Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Change In Receivables

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-75.84

486.56

-182.40

54.09

151.61

Rite Aid Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Change In Receivables	Get a 7-Day Free Trial															-107.22	62.04	301.24	-246.84	-57.14

Rite Aid 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $59 Mil.

Rite Aid (OTCPK:RADCQ) 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.

Rite Aid's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1472.755	/	5646.081	*	91
=	23.80

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

Rite Aid's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	92.926	-	9092.222	+	0.75 * 1472.755	+	0.5 * 1993.873
=	-6,898

Rite Aid Change In Receivables Related Terms

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Rite Aid (Rite Aid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rite Aid Corp (OTCPK:RADCQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RTA1:Germany

Address

1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105

Website

https://www.riteaid.com

Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

Executives

Christopher W. Dupaul	officer: Chief Operating Officer	1200 INTREPID AVENUE, 2ND FLOOR, PHILADELPHIA PA 19112
Sabatino Thomas J Jr	officer: Chief Legal Officer	C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
Steven Bixler	officer: Chief Accounting Officer	C/O RITE AID CORPORATION, 30 HUNTER LANE, CAMP HILL PA 17011
Heyward R Donigan	officer: Chief Executive Officer	452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Jocelyn Z Konrad	officer: Executive VP	RITE AID CORPORATION, 30 HUNTER LANE, CAMP HILL PA 17011
Ray Smithberger	officer: SVP, Operations	30 HUNTER LANE, CAMP HILL PA 17011
Bari A Harlam	director	C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Paul D Gilbert	officer: EVP, Secretary&General Counsel	103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Andre Persaud	officer: EVP, Retail	30 HUNTER LANE, CAMP HILL PA 17011
Dan Robson	officer: President, EnvisionRXOptions	30 HUNTER LANE, CAMP HILL PA 17011
James J Peters	officer: Chief Operating Officer	C/O NXSTAGE MEDICAL, INC., 350 MERRIMACK STREET, LAWRENCE MA 01843
James J Comitale	officer: EVP, General Counsel, Secy.	30 HUNTER LANE, CAMP HILL PA 17011
Jessica Kazmaier	officer: EVP, Chief HR Officer	30 HUNTER LANE, CAMP HILL PA 17011
Justin L. Mennen	officer: EVP, Chief Information Officer	30 HUNTER LANE, CAMP HILL PA 17011
Katherine B Quinn	director	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402