RM (CHIX:RML) Accounts Receivable: £28.5 Mil (As of May. 2026)

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CHIX:RML RM PLC CHIX:RML
43 GF Score
Price £0.98
GF Value £0.82
Valuation Modestly Overvalued
! 3 Warning Signs
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What is RM Accounts Receivable?

RM CHIX:RML 43 Accounts Receivable is £28.5 Mil as of May. 2026. GuruFocus rates CHIX:RML with a GF Score™ of 43/100 and a GF Value™ of £0.82 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RM's accounts receivables for the quarter that ended in May. 2026 was £28.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RM's Days Sales Outstanding for the quarter that ended in May. 2026 was 74.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RM's Net-Net Working Capital per share for the quarter that ended in May. 2026 was £-0.94.


RM 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.

RM's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.512/70.13*91
=74.20

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

RM's Net-Net Working Capital Per Share for the quarter that ended in May. 2026 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)
=(4.907+0.75 * 28.512+0.5 * 12.893-124.392
-0-0)/97.467
=-0.94

* 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.


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.


RM Accounts Receivable Related Terms


RM Accounts Receivable Historical Data

* Premium members only.

The historical data trend for RM'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.

RM Accounts Receivable Chart

RM Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.79 24.44 21.21 12.05 13.48

RM Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Accounts Receivable 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 30.83 12.05 24.89 13.48 28.51
CHIX:RML
43GF Score
RM PLC CHIX:RML
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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RM Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of £28.5 Mil mean?
RM (CHIX:RML) has a Accounts Receivable of £28.5 Mil as of May. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on RM and its competitors.
Is RM's Accounts Receivable too high?
RM's current Accounts Receivable is £28.5 Mil. Overall, RM has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RM's Accounts Receivable compare to QH and SHOP?
RM's Accounts Receivable of £28.5 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on RM and its competitors. RM's current Accounts Receivable is £28.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RM stock overvalued right now?
Based on GuruFocus' analysis, RM (CHIX:RML) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.82, compared to a current price of £0.98 — trading 19.5% above its estimated fair value. The current Accounts Receivable is £28.5 Mil. RM's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For RM (CHIX:RML), the current Accounts Receivable is £28.5 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RM (CHIX:RML) Overvalued in 2026?

Based on GuruFocus' analysis, RM stock appears to be overvalued. The current stock price of £0.98 is trading 19.5% above its estimated GF Value™ of £0.82. GuruFocus considers RM to be Modestly Overvalued.

Key valuation signals for CHIX:RML:

  • Accounts Receivable: £28.5 Mil
  • GF Value™: £0.82 vs. price of £0.98 (19.5% above fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the CHIX:RML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RM Business Description

Other Exchanges RM.:UK
Address 142B Park Drive, Milton Park, Milton, Abingdon, Oxfordshire, GBR, OX14 4SE
RM PLC supplies products, services, and solutions to the UK and international education markets. Its activities include the supply of products and software licences, rendering of services, and delivery of its own platform solutions, along with digital assessment and exam marking solutions, IT managed services and connectivity packages, and curriculum-aligned learning resources. The Group is structured into three operating divisions: RM TTS, RM Assessment, and RM Technology. It operates in the UK, Europe, North America, Asia, the Middle East, and the rest of the world, with the majority of revenue coming from the UK and the RM TTS segment.
43GF Score

Get the complete analysis for CHIX:RML

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.98
Price
£0.82
GF Value