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Ross Group (LSE:RGP) Accounts Receivable : £0.00 Mil (As of Jun. 2022)


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What is Ross Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ross Group's accounts receivables for the quarter that ended in Jun. 2022 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ross Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was £-0.03.


Ross Group Accounts Receivable Historical Data

The historical data trend for Ross Group's Accounts Receivable 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.

* Premium members only.

Ross Group Accounts Receivable Chart

Ross Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.07 0.01 0.08

Ross Group Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.08 - - -

Ross Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Ross Group Accounts Receivable 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 receivables are being managed.

Ross Group's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ross Group's accounts receivable are only considered to be worth 75% of book value:

Ross Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.012+0.75 * 0+0.5 * 0-8.438
-0-0)/242.087
=-0.03

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Ross Group Accounts Receivable Related Terms

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Ross Group (LSE:RGP) Business Description

Traded in Other Exchanges
N/A
Address
71-75 Shelton Street, Covent Garden, London, GBR, WC2H 9JQ
Ross Group PLC, through its subsidiaries, is involved in supply chain management services, including engineering, manufacturing, leading-edge technologies, and distribution of consumer electronic and electrical products to various specialized industries, particularly throughout Asia.