Rogers Sugar (Rogers Sugar) Accounts Receivable : $91.0 Mil (As of Mar. 2024)

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

What is Rogers Sugar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rogers Sugar's accounts receivables for the quarter that ended in Mar. 2024 was $91.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rogers Sugar's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rogers Sugar's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.74.

Rogers Sugar Accounts Receivable Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Accounts Receivable Chart

Rogers Sugar Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

Get a 7-Day Free Trial

59.93

61.62

63.05

82.61

80.38

Rogers Sugar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															81.74	73.86	80.38	69.07	90.97

Rogers Sugar Accounts Receivable Calculation

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

Rogers Sugar 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.

Rogers Sugar's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	90.97	/	222.329	*	91
=	37.34

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

Rogers Sugar's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(2.55	+	0.75 * 90.97	+	0.5 * 201.834	-	413.434
-	0	-	0)	/	139.026
=	-1.74

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.

Rogers Sugar Accounts Receivable Related Terms

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

Rogers Sugar (Rogers Sugar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rogers Sugar Inc (OTCPK:RSGUF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

16R:Germany RSI:Canada

Address

123 Rogers Street, Vancouver, BC, CAN, V6B 3V2

Website

https://www.lanticrogers.com

Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.