RiceBran Technologies (RiceBran Technologies) Accounts Receivable : $2.82 Mil (As of Dec. 2023)

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What is RiceBran Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RiceBran Technologies's accounts receivables for the quarter that ended in Dec. 2023 was $2.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RiceBran Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RiceBran Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.93.

RiceBran Technologies Accounts Receivable Historical Data

The historical data trend for RiceBran Technologies'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.

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RiceBran Technologies Accounts Receivable Chart

RiceBran Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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3.74

2.82

4.14

3.70

2.82

RiceBran Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															3.70	3.34	3.37	2.62	2.82

RiceBran Technologies Accounts Receivable Calculation

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

RiceBran Technologies 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.824	/	5.679	*	91
=	45.38

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

RiceBran Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(1.139	+	0.75 * 2.824	+	0.5 * 0.543	-	12.322
-	0.075	-	0)	/	9.51334
=	-0.93

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.

RiceBran Technologies Accounts Receivable Related Terms

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RiceBran Technologies (RiceBran Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RiceBran Technologies (OTCPK:RIBT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375

Website

https://www.ricebrantech.com

RiceBran Technologies is a specialty ingredient company focused on the development, production, and marketing of products derived from traditional and ancient small grains. The company has proprietary and patented intellectual property that allows to convert rice bran, into a number of highly nutritious food, animal nutrition, and specialty ingredient products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers and retailers, both domestically and internationally.

Executives

Eric Tompkins	director, officer: Executive Chairman	25420 KUYKENDAHL ROAD, SUITE B300, TOMBALL TX 77375
William J Keneally	officer: Interim CFO	28601 CHAGRIN BLVD., CLEVELAND OH 44122
Continental Grain Co	10 percent owner	767 FIFTH AVENUE, NEW YORK NY 10153
Jean Heggie	director	25 ALGONQUIN WOOD PLACE, SAINT LOUIS MO 63122
William Black	director	3828 BOUQUET RD, WILDWOOD MO 63069
David I. Chemerow	director	PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Todd T Mitchell	officer: Executive Vice President	299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
Brent David Rosenthal	director	C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Ari David Gendason	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Peter Bradley	director	777 E. WISCONSIN AVE., MILWAUKEE WI 53202
David Goldman	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Beth L Bronner	director	2928 RAMCO STREET, SUITE 120, C/O RICEBRAN TECHNOLOGIES, WEST SACRAMENTO CA 95691
Brent Robert Rystrom	officer: CFO and EVP	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Baruch Halpern	director	C/O ION NETWORKS INC, 120 CORPORATE BLVD, S PLAINFIELD NJ 07080
Henk Hoogenkamp	director	1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380