Remy Cointreau (Remy Cointreau) Change In Receivables

: $1 Mil (TTM As of Sep. 2023)

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Remy Cointreau's change in receivables for the quarter that ended in Sep. 2023 was $-97 Mil. It means Remy Cointreau's Accounts Receivable increased by $97 Mil from Mar. 2023 to Sep. 2023 .

Remy Cointreau's change in receivables for the fiscal year that ended in Mar. 2023 was $-18 Mil. It means Remy Cointreau's Accounts Receivable increased by $18 Mil from Mar. 2022 to Mar. 2023 .

Remy Cointreau's Accounts Receivable for the quarter that ended in Sep. 2023 was $246 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. Remy Cointreau's Days Sales Outstanding for the six months ended in Sep. 2023 was 66.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Remy Cointreau's liquidation value for the six months ended in Sep. 2023 was $-422 Mil.

Remy Cointreau Change In Receivables Historical Data

The historical data trend for Remy Cointreau'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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Remy Cointreau Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-51.41

81.77

11.07

-42.40

-17.88

Remy Cointreau Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables																-118.59	68.61	-106.44	97.22	-96.59

Remy Cointreau 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1 Mil.

Remy Cointreau (OTCPK:REMYF) 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.

Remy Cointreau's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	245.784	/	679.509	*	91
=	66.01

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

Remy Cointreau's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	296.265	-	1884.205	+	0.75 * 245.784	+	0.5 * 1962.967
=	-422

Remy Cointreau Change In Receivables Related Terms

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Remy Cointreau (Remy Cointreau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

REMYY:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany

Address

Rue Joseph Pataa, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

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