RegTech Open Project (LSE:RTOP) Accounts Receivable : £0.43 Mil (As of Dec. 2022)

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What is RegTech Open Project Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RegTech Open Project's accounts receivables for the quarter that ended in Dec. 2022 was £0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RegTech Open Project's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 72.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RegTech Open Project's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was £-0.11.

RegTech Open Project Accounts Receivable Historical Data

The historical data trend for RegTech Open Project'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.

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RegTech Open Project Accounts Receivable Chart

RegTech Open Project Annual Data

Trend

Dec20

Dec21

Accounts Receivable

0.43

0.46

RegTech Open Project Semi-Annual Data
	Dec20	Dec21	Dec22
Accounts Receivable	0.43	0.46	0.43

RegTech Open Project Accounts Receivable Calculation

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

RegTech Open Project 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.

RegTech Open Project's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.434	/	1.098	*	91
=	72.14

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

RegTech Open Project's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.003	+	0.75 * 0.434	+	0.5 * 0	-	7.216
-	0	-	0)	/	60.000
=	-0.11

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.

RegTech Open Project Accounts Receivable Related Terms

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RegTech Open Project (LSE:RTOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RegTech Open Project plc (LSE:RTOP) » Definitions » Accounts Receivable

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Traded in Other Exchanges

RM1:Germany

Address

107 Cheapside, 9th Floor, London, GBR, EC2V 6DN

Website

https://www.regtechopenproject.co.uk

RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.

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