RM2 International (RM2 International) Accounts Receivable : $5.88 Mil (As of Jun. 2020)

View and export this data going back to 1999. Start your Free Trial

What is RM2 International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RM2 International's accounts receivables for the quarter that ended in Jun. 2020 was $5.88 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RM2 International's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-1.66.

RM2 International Accounts Receivable Historical Data

The historical data trend for RM2 International'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.

* Premium members only.

RM2 International Accounts Receivable Chart

RM2 International Annual Data

Trend

Dec10

Dec11

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Accounts Receivable

Get a 7-Day Free Trial

13.68

10.49

11.10

8.46

5.88

RM2 International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Jun20
Accounts Receivable	Get a 7-Day Free Trial															11.53	10.04	11.24	8.46	5.88

RM2 International Accounts Receivable Calculation

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

RM2 International 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.

RM2 International's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.876	/	0	*	91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), RM2 International's accounts receivable are only considered to be worth 75% of book value:

RM2 International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=	(3.942	+	0.75 * 5.876	+	0.5 * 5.53	-	50.308
-	0	-	0)	/	23.5484
=	-1.66

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.

RM2 International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of RM2 International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

RM2 International (RM2 International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RM2 International Inc (OTCPK:RMTO) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

810 Flightline Boulevard, Deland, FL, USA, 32724

Website

https://www.rm2.com

RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.

Executives

Brian Knaley	other: Former Officer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
Everest Hill Group Inc.	10 percent owner	TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Alan G Quasha	director	127 EAST 73RD STREET, NEW YORK NY 10021
Theodore Deinard	other: Former Interim CEO, CFO, & Dir	C/O ARC WIRELESS SOLUTIONS, INC., 6330 NORTH WASHINGTON ST., SUITE 13, DENVER CO 80216
Javier Baz	director	1100 HUMBOLDT STREET, DENVER CO 80218
Robert E Wade	director	C/O FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Randall P Marx	director, officer: CEO, President & Secretary
Monty R Lamirato	officer: CFO