PRCX (Phoenix Rising Co) Accounts Receivable: $7.66 Mil (As of Sep. 2022)

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PRCX Phoenix Rising Co PRCX
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What is Phoenix Rising Co Accounts Receivable?

Phoenix Rising Co PRCX -99.00% 12 Accounts Receivable is $7.66 Mil as of Sep. 2022. GuruFocus rates PRCX with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Phoenix Rising Co's accounts receivables for the quarter that ended in Sep. 2022 was $7.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Phoenix Rising Co's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 163.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Phoenix Rising Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.02.

Phoenix Rising Co 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.

Phoenix Rising Co's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.661/4.275*91
=163.52

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

Phoenix Rising Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.022+0.75 * 7.661+0.5 * 6.893-27.874
-0-0)/1049.877
=-0.02

* 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.

Phoenix Rising Co Accounts Receivable Related Terms

Phoenix Rising Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Phoenix Rising Co'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.

Phoenix Rising Co Accounts Receivable Chart

Phoenix Rising Co Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 43.06 22.82 0.55 0.00 9.32

Phoenix Rising Co Quarterly Data
Oct17 Jan18 Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 5.30 9.32 8.35 8.14 7.66
PRCX
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Phoenix Rising Co PRCX
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Rising Co 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 $7.66 Mil mean?
Phoenix Rising Co (PRCX) has a Accounts Receivable of $7.66 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Phoenix Rising Co and its competitors.
Is Phoenix Rising Co's Accounts Receivable too high?
Phoenix Rising Co's current Accounts Receivable is $7.66 Mil. Overall, Phoenix Rising Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Rising Co's Accounts Receivable compare to FOMC and GLAE?
Phoenix Rising Co's Accounts Receivable of $7.66 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Phoenix Rising Co and its competitors. Phoenix Rising Co's current Accounts Receivable is $7.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Rising Co stock overvalued right now?
Phoenix Rising Co (PRCX) has a current Accounts Receivable of $7.66 Mil. The current Accounts Receivable is $7.66 Mil. Phoenix Rising Co's overall GF Score™ is 12/100. 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 Phoenix Rising Co (PRCX), the current Accounts Receivable is $7.66 Mil as of Sep. 2022. 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.

Phoenix Rising Co Business Description

Address 641 10th Street, Cedartown, GA, USA, 30125
Phoenix Rising Co makes investments and acquisitions into sound, transparent markets and industries throughout the world. The company is principally engaged in the trading of oil, gas and lubricant,.
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