Rightmove (FRA:3JDA) Change In Receivables : €-5.6 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Rightmove Change In Receivables?

Rightmove's change in receivables for the quarter that ended in Dec. 2023 was €0.7 Mil. It means Rightmove's Accounts Receivable declined by €0.7 Mil from Jun. 2023 to Dec. 2023 .

Rightmove's change in receivables for the fiscal year that ended in Dec. 2023 was €-5.6 Mil. It means Rightmove's Accounts Receivable increased by €5.6 Mil from Dec. 2022 to Dec. 2023 .

Rightmove's Accounts Receivable for the quarter that ended in Dec. 2023 was €28.4 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. Rightmove's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rightmove's liquidation value for the six months ended in Dec. 2023 was €25.1 Mil.

Rightmove Change In Receivables Historical Data

The historical data trend for Rightmove'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.

Rightmove Change In Receivables Chart

Rightmove Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.53

0.67

0.65

-4.36

-5.58

Rightmove Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.32	0.36	-4.71	-6.28	0.67

Rightmove 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 €-5.6 Mil.

Rightmove (FRA:3JDA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	28.428	/	214.58	*	91
=	24.18

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

Rightmove'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)
=	44.997	-	41.227	+	0.75 * 28.428	+	0.5 * 0
=	25.1

Rightmove Change In Receivables Related Terms

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

Rightmove (FRA:3JDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Rightmove PLC (FRA:3JDA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RTMVY:USA RTMVF:USA RMVl:UK RMV:UK

Address

Caldecotte Lake Drive, 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes, GBR, MK7 8LE

Website

https://plc.rightmove.co.uk

Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. Rightmove provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator, which estimates mortgages and monthly repayments. The company's segments include agencies, new homes, and others. Its agency segment provides resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and nonproperty advertising services. The company generates maximum revenue from the agency segment.

Rightmove (FRA:3JDA) Headlines

No Headlines