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Rubicon Technologies (MEX:RBT) Accounts Receivable : MXN864 Mil (As of Mar. 2024)


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What is Rubicon Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rubicon Technologies's accounts receivables for the quarter that ended in Mar. 2024 was MXN864 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rubicon Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 29.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rubicon Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was MXN-91.25.


Rubicon Technologies Accounts Receivable Historical Data

The historical data trend for Rubicon 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.

* Premium members only.

Rubicon Technologies Accounts Receivable Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
746.23 895.52 875.13 1,285.24 1,136.88

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,211.33 1,137.04 1,038.17 1,136.88 863.82

Rubicon Technologies Accounts Receivable Calculation

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


Rubicon 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=863.818/2706.219*91
=29.13

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

Rubicon Technologies'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)
=(229.792+0.75 * 863.818+0.5 * 0-5531.034
-0-128.704)/52.4061
=-91.25

* 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.


Rubicon Technologies Accounts Receivable Related Terms

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Rubicon Technologies (MEX:RBT) Business Description

Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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