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RJD Green (RJD Green) Accounts Receivable : $0.45 Mil (As of Aug. 2023)


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What is RJD Green Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RJD Green's accounts receivables for the quarter that ended in Aug. 2023 was $0.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RJD Green's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 16.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. RJD Green's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $0.00.


RJD Green Accounts Receivable Historical Data

The historical data trend for RJD Green'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.

RJD Green Accounts Receivable Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - 0.29 0.21 0.43 0.45

RJD Green Semi-Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - 0.29 0.21 0.43 0.45

RJD Green Accounts Receivable Calculation

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


RJD Green 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.

RJD Green's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.445/5.019*91
=16.18

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

RJD Green's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 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)
=(0.783+0.75 * 0.445+0.5 * 0.734-0.334
-0-0)/359.358
=0.00

* 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.


RJD Green Accounts Receivable Related Terms

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RJD Green (RJD Green) Business Description

Traded in Other Exchanges
N/A
Address
5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors namely Green environmental, Energy and Specialty contracting services sectors.