Response Plus Holding (ADX:RPM) Change In Receivables : د.إ-47.2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Response Plus Holding Change In Receivables?

Response Plus Holding's change in receivables for the quarter that ended in Dec. 2023 was د.إ-3.0 Mil. It means Response Plus Holding's Accounts Receivable increased by د.إ3.0 Mil from Jun. 2023 to Dec. 2023 .

Response Plus Holding's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ-47.2 Mil. It means Response Plus Holding's Accounts Receivable increased by د.إ47.2 Mil from Dec. 2022 to Dec. 2023 .

Response Plus Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ93.7 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. Response Plus Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 96.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Response Plus Holding's liquidation value for the six months ended in Dec. 2023 was د.إ53.7 Mil.

Response Plus Holding Change In Receivables Historical Data

The historical data trend for Response Plus Holding'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.

Response Plus Holding Change In Receivables Chart

Response Plus Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.11

-6.32

56.19

-47.19

Response Plus Holding Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			3.26	18.94	37.25	-44.17	-3.03

Response Plus Holding 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ-47.2 Mil.

Response Plus Holding (ADX:RPM) 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.

Response Plus Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	93.682	/	176.827	*	91
=	96.69

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

Response Plus Holding's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	46.695	-	68.145	+	0.75 * 93.682	+	0.5 * 9.839
=	53.7

Response Plus Holding Change In Receivables Related Terms

Thank you for viewing the detailed overview of Response Plus Holding's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Response Plus Holding (ADX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Response Plus Holding (ADX:RPM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE

Website

https://rpm.ae

Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.