RingCentral's change in receivables for the quarter that ended in Dec. 2023 was $-18 Mil. It means RingCentral's Accounts Receivable
increased by $18 Mil
from Sep. 2023 to Dec. 2023 .
RingCentral's change in receivables for the fiscal year that ended in Dec. 2023 was $-58 Mil. It means RingCentral's Accounts Receivable
increased by $58 Mil
from Dec. 2022 to Dec. 2023 .
RingCentral's Accounts Receivable for the quarter that ended in Dec. 2023 was $281 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.
RingCentral's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 44.81.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RingCentral's liquidation value for the
three
months ended in Dec. 2023 was $-2,014 Mil.
RingCentral Change In Receivables Historical Data
The historical data trend for RingCentral'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.
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 quarterly data reported by the company within the most recent 12 months, which was $-58 Mil.
* 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.
RingCentral (NYSE:RNG) 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.
RingCentral's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
* 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.
RingCentral Change In Receivables Related Terms
Thank you for viewing the detailed overview of RingCentral's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.
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