Rentokil Initial (Rentokil Initial) Change In Receivables : $-37 Mil (TTM As of Dec. 2023)

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What is Rentokil Initial Change In Receivables?

Rentokil Initial's change in receivables for the quarter that ended in Dec. 2023 was $33 Mil. It means Rentokil Initial's Accounts Receivable declined by $33 Mil from Jun. 2023 to Dec. 2023 .

Rentokil Initial's change in receivables for the fiscal year that ended in Dec. 2023 was $-37 Mil. It means Rentokil Initial's Accounts Receivable increased by $37 Mil from Dec. 2022 to Dec. 2023 .

Rentokil Initial's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,114 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. Rentokil Initial's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rentokil Initial's liquidation value for the six months ended in Dec. 2023 was $-5,984 Mil.

Rentokil Initial Change In Receivables Historical Data

The historical data trend for Rentokil Initial'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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Rentokil Initial Change In Receivables Chart

Rentokil Initial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-50.07

-22.85

78.46

6.09

-36.71

Rentokil Initial Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															39.63	-61.58	66.99	-69.44	32.91

Rentokil Initial 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-37 Mil.

Rentokil Initial (OTCPK:RKLIF) 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.

Rentokil Initial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1113.924	/	3422.785	*	91
=	59.39

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

Rentokil Initial's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1959.494	-	8910.127	+	0.75 * 1113.924	+	0.5 * 262.025
=	-5,984

Rentokil Initial Change In Receivables Related Terms

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Rentokil Initial (Rentokil Initial) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rentokil Initial PLC (OTCPK:RKLIF) » Definitions » Change In Receivables

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Address

Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY

Website

https://www.rentokil-initial.com

Rentokil Initial is a leading global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

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