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Renaissance ServicesOG (MUS:RNSS) Change In Receivables : ر.ع0.0 Mil (TTM As of Mar. 2024)


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What is Renaissance ServicesOG Change In Receivables?

Renaissance ServicesOG's change in receivables for the quarter that ended in Mar. 2024 was ر.ع0.0 Mil. It means Renaissance ServicesOG's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Renaissance ServicesOG's change in receivables for the fiscal year that ended in Dec. 2023 was ر.ع0.0 Mil. It means Renaissance ServicesOG's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Renaissance ServicesOG's Accounts Receivable for the quarter that ended in Mar. 2024 was ر.ع38.6 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. Renaissance ServicesOG's Days Sales Outstanding for the three months ended in Mar. 2024 was 138.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Renaissance ServicesOG's liquidation value for the three months ended in Mar. 2024 was ر.ع-59.5 Mil.


Renaissance ServicesOG Change In Receivables Historical Data

The historical data trend for Renaissance ServicesOG'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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Renaissance ServicesOG Change In Receivables Chart

Renaissance ServicesOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Renaissance ServicesOG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Renaissance ServicesOG 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.0 Mil.

* 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.


Renaissance ServicesOG  (MUS:RNSS) 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.

Renaissance ServicesOG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.567/25.495*91
=138.04

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

Renaissance ServicesOG's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=24.681-115.561+0.75 * 38.567+0.5 * 4.937
=-59.5

* 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.


Renaissance ServicesOG Change In Receivables Related Terms

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Renaissance ServicesOG (MUS:RNSS) Business Description

Traded in Other Exchanges
N/A
Address
Renaissance House, P.O. Box 1676, Muttrah, OMN, 114
Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

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