Roan Holdings Group Co (Roan Holdings Group Co) Change In Receivables : $-1.50 Mil (TTM As of Dec. 2022)

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What is Roan Holdings Group Co Change In Receivables?

Roan Holdings Group Co's change in receivables for the quarter that ended in Dec. 2022 was $-1.25 Mil. It means Roan Holdings Group Co's Accounts Receivable increased by $1.25 Mil from Jun. 2022 to Dec. 2022 .

Roan Holdings Group Co's change in receivables for the fiscal year that ended in Dec. 2022 was $-1.50 Mil. It means Roan Holdings Group Co's Accounts Receivable increased by $1.50 Mil from Dec. 2021 to Dec. 2022 .

Roan Holdings Group Co's Accounts Receivable for the quarter that ended in Dec. 2022 was $8.20 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. Roan Holdings Group Co's Days Sales Outstanding for the six months ended in Dec. 2022 was 904.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Roan Holdings Group Co's liquidation value for the six months ended in Dec. 2022 was $9.07 Mil.

Roan Holdings Group Co Change In Receivables Historical Data

The historical data trend for Roan Holdings Group Co'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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Roan Holdings Group Co Change In Receivables Chart

Roan Holdings Group Co Annual Data

Trend

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.11

-0.36

-6.39

2.42

-1.50

Roan Holdings Group Co Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Change In Receivables	Get a 7-Day Free Trial												3.00	4.11	-1.69	-0.25	-1.25

Roan Holdings Group Co 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.50 Mil.

Roan Holdings Group Co (OTCPK:RAHGF) 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.

Roan Holdings Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.2	/	1.654	*	91
=	904.78

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

Roan Holdings Group Co's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9.055	-	6.139	+	0.75 * 8.2	+	0.5 * 0
=	9.07

Roan Holdings Group Co Change In Receivables Related Terms

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Roan Holdings Group Co (Roan Holdings Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Roan Holdings Group Co Ltd (OTCPK:RAHGF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

147 Ganshui Lane, Yuhuangshannan Fund Town, Shangcheng District, Zhejiang, Hangzhou, CHN

Website

http://www.roanholdingsgroup.com

Roan Holdings Group Co Ltd functions in the financial services domain in the People's Republic of China. In association with its subsidiaries, it conducts the business of offering loans to various sectors such as supply chain finance, manufacturing, real estate, mineral, and energy. Its service offering includes Direct Lending Services, Financial Consulting Services, and Financial Leasing. It has two operating business lines, including business conducted by Adrie and its subsidiaries, management and assessment services and factoring business, and business conducted by Lixin Cayman and its subsidiaries, financial guarantee and consulting services.

Executives

Wong Jason Kon Man	director	ROOM 1102, 11/F, BEAUTIFUL GROUP TOWER, 77 CONNAUGHT ROAD CENTRAL, HONG KONG F4 00000
Alain Vincent Fontaine	director	51 FUNG SHING STREET, BLOCK 5, FLAT 22A, NGAU CHI WAN, KOWLOON K3 00000
Hong Wang	officer: Vice President	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Quan Zhou	officer: Vice President	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Yangwei Global Ltd	10 percent owner	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Ruiheng Global Ltd	10 percent owner	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Yonggang Qiao	officer: Chief Risk Management Advisor	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Jingping Li	director, 10 percent owner, officer: President and CEO	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Wen Qi	director, 10 percent owner	ROOM 1101, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Chan Stephen Sung Him	officer: Chief Financial Officer	2/F., 129 PRINCE EDWARD ROAD WEST, MONGKOK K3 00000
Jianfeng Zhang	officer: Vice President	ROOM 1103, 11TH FL., SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Si Shen	director	ROOM 2012, UNIT 1, BUILDING 2, NO. 899, FUCHUN ROAD, HANGZHOU, ZHEJIANG F4 830000
Wen Wang	officer: Caital Market Director	ROOM 1102, SATELLITE BLDG., 473 SATELLITE RD. ECONOMIC TECH DEV ZONE, URUMQI, XINJIANG F4 830000
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
North Pole Capital Master Fund	10 percent owner	C/O POLAR ASSET MANAGEMENT PARTNERS INC., 401 BAY ST., SUITE 1900, PO BOX 19, TORONTO A6 M5H 2Y4