Richardson Electronics (Richardson Electronics) Change In Receivables

: $13.3 Mil (TTM As of Feb. 2024)

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Richardson Electronics's change in receivables for the quarter that ended in Feb. 2024 was $-5.3 Mil. It means Richardson Electronics's Accounts Receivable increased by $5.3 Mil from Nov. 2023 to Feb. 2024 .

Richardson Electronics's change in receivables for the fiscal year that ended in May. 2023 was $-0.4 Mil. It means Richardson Electronics's Accounts Receivable increased by $0.4 Mil from May. 2022 to May. 2023 .

Richardson Electronics's Accounts Receivable for the quarter that ended in Feb. 2024 was $29.1 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. Richardson Electronics's Days Sales Outstanding for the three months ended in Feb. 2024 was 50.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Richardson Electronics's liquidation value for the three months ended in Feb. 2024 was $62.1 Mil.

Richardson Electronics Change In Receivables Historical Data

The historical data trend for Richardson Electronics'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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Richardson Electronics Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

-2.03

3.90

-4.20

-6.18

-0.36

Richardson Electronics Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables																-7.19	12.33	4.46	1.79	-5.25

Richardson Electronics 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.3 Mil.

Richardson Electronics (NAS:RELL) 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.

Richardson Electronics's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29.131	/	52.375	*	91
=	50.75

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

Richardson Electronics's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	18.88	-	34.984	+	0.75 * 29.131	+	0.5 * 112.635
=	62.1

Richardson Electronics Change In Receivables Related Terms

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Richardson Electronics (Richardson Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Richardson Electronics Ltd (NAS:RELL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RE3:Germany

Address

40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393

Website

https://www.rell.com

Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.

Executives

Robert H Kluge	director	C/O RICHARDSON ELECTRONICS, LTD., 40W267 KESLINGER ROAD P.O. BOX 393, LAFOX IL 60147
Kathleen Mcnally	officer: Sr. VP Global Supply Chain	C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147-0393
Wendy Diddell	officer: EVP Corporate Development	C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Gregory J Peloquin	officer: EVP, EDG	40W267 KESLINGER RD, P O BOX 393, LAFOX IL 60147-0393
Paul J Plante	director	C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Jacques Belin	director	40W267 KESLINGER RD., LAFOX IL 60147
James Benham	director	40W267 KESLINGER RD., LAFOX IL 60147
Kenneth Halverson	director	40W267 KESLINGER RD., LAFOX IL 60147
Jens Frank Ruppert	officer: EVP Canvys	40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
Robert J Ben	officer: CFO, CAO, Corporate Secretary	40W267 KESLINGER ROAD PO BOX 393, LAFOX IL 60147
Fitzgerald Patrick Thomas Iii	officer: EVP Healthcare	40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
James Dudek	officer: Controller & Chief Accounting	C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Kathleen S Dvorak	officer: EVP & CFO	C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Edward J Richardson	director, 10 percent owner, officer: Chairman & CEO	C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Sandeep Beotra	officer: EVP Mergers & Acquisitions	40W267 KESLINGER RD., LAFOX IL 60147