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React Gaming Group (TSXV:RGG.H) Change In Receivables : C$-0.01 Mil (TTM As of Sep. 2022)


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What is React Gaming Group Change In Receivables?

React Gaming Group's change in receivables for the quarter that ended in Sep. 2022 was C$0.00 Mil. It means React Gaming Group's Accounts Receivable stayed the same from Jun. 2022 to Sep. 2022 .

React Gaming Group's change in receivables for the fiscal year that ended in Dec. 2021 was C$-0.01 Mil. It means React Gaming Group's Accounts Receivable increased by C$0.01 Mil from Dec. 2020 to Dec. 2021 .

React Gaming Group's Accounts Receivable for the quarter that ended in Sep. 2022 was C$0.09 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. React Gaming Group's Days Sales Outstanding for the three months ended in Sep. 2022 was 10.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. React Gaming Group's liquidation value for the three months ended in Sep. 2022 was C$-7.38 Mil.


React Gaming Group Change In Receivables Historical Data

The historical data trend for React Gaming Group'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.

React Gaming Group Change In Receivables Chart

React Gaming Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.04 -0.02 -0.01 -0.01

React Gaming Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 0.31 -0.11 -0.21 -

React Gaming Group 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 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.


React Gaming Group  (TSXV:RGG.H) 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.

React Gaming Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.093/0.792*91
=10.71

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

React Gaming Group's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.351-7.81+0.75 * 0.093+0.5 * 0.009
=-7.38

* 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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React Gaming Group (TSXV:RGG.H) Business Description

Traded in Other Exchanges
N/A
Address
6500 Transcanada Highway, Suite 209, St. Laurent, QC, CAN, H4T 1X3
React Gaming Group Inc is engaged in esports betting. The group is focused on live betting and online gaming.

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