Rush Street Interactive (Rush Street Interactive) Change In Receivables : $2.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Rush Street Interactive Change In Receivables?

Rush Street Interactive's change in receivables for the quarter that ended in Mar. 2024 was $9.9 Mil. It means Rush Street Interactive's Accounts Receivable declined by $9.9 Mil from Dec. 2023 to Mar. 2024 .

Rush Street Interactive's change in receivables for the fiscal year that ended in Dec. 2023 was $3.1 Mil. It means Rush Street Interactive's Accounts Receivable declined by $3.1 Mil from Dec. 2022 to Dec. 2023 .

Rush Street Interactive's Accounts Receivable for the quarter that ended in Mar. 2024 was $13.5 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. Rush Street Interactive's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rush Street Interactive's liquidation value for the three months ended in Mar. 2024 was $32.3 Mil.

Rush Street Interactive Change In Receivables Historical Data

The historical data trend for Rush Street Interactive'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.

* Premium members only.

Rush Street Interactive Change In Receivables Chart

Rush Street Interactive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-4.33

-24.56

-4.45

-13.09

3.09

Rush Street Interactive Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial													10.21	-1.73	1.81	-7.20	9.89

Rush Street Interactive 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 $2.8 Mil.

Rush Street Interactive (NYSE:RSI) 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.

Rush Street Interactive's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.488	/	217.428	*	91
=	5.66

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

Rush Street Interactive'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)
=	191.156	-	168.944	+	0.75 * 13.488	+	0.5 * 0
=	32.3

Rush Street Interactive Change In Receivables Related Terms

Thank you for viewing the detailed overview of Rush Street Interactive's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Rush Street Interactive (Rush Street Interactive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rush Street Interactive Inc (NYSE:RSI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

900 North Michigan Avenue, Suite 950, Chicago, IL, USA, 60611

Website

https://www.rushstreetinteractive.com

Rush Street Interactive Inc is an online gaming and entertainment company that focuses primarily on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.

Executives

Kyle Sauers	officer: Chief Financial Officer	C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Mattias Stetz	officer: Chief Operating Officer	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611
Richard Todd Schwartz	officer: President	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Neil Bluhm	director, 10 percent owner	900 NORTH MICHIGAN AVENUE, SUITE 1900, CHICAGO IL 60611
Gregory A Carlin	director, 10 percent owner, officer: Chief Executive Officer	C/O NEAL GERBER & EISENBERG, 2 N. LASALLE STREET, SUITE 1700, CHICAGO IL 60602
Daniel W Yih	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Paul Wierbicki	director	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Masi Niccolo De	officer: Chief Executive Officer	500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Harry L. You	director, 10 percent owner, officer: Chairman	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Sheli Z Rosenberg	director	C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Leslie N Bluhm	director	900 NORTH MICHIGAN AVE, CHICAGO IL 60611
Einar Roosileht	officer: Chief Information Officer	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
James Alan Gordon	director	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Judith Gold	director	C/O RUSH STREET INTERACTIVE, LP, 900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60610
Ngb 2016 Revocable Trust	director, 10 percent owner	900 N. MICHIGAN AVENUE, SUITE 1600, CHICAGO IL 60611