Rithm Capital (LTS:0K76) Change In Receivables : $-50 Mil (TTM As of Mar. 2024)

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What is Rithm Capital Change In Receivables?

Rithm Capital's change in receivables for the quarter that ended in Mar. 2024 was $165 Mil. It means Rithm Capital's Accounts Receivable declined by $165 Mil from Dec. 2023 to Mar. 2024 .

Rithm Capital's change in receivables for the fiscal year that ended in Dec. 2023 was $15 Mil. It means Rithm Capital's Accounts Receivable declined by $15 Mil from Dec. 2022 to Dec. 2023 .

Rithm Capital's Accounts Receivable for the quarter that ended in Mar. 2024 was $377 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. Rithm Capital's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rithm Capital's liquidation value for the three months ended in Mar. 2024 was $-18,169 Mil.

Rithm Capital Change In Receivables Historical Data

The historical data trend for Rithm Capital'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.

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Rithm Capital Change In Receivables Chart

Rithm Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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218.22

336.59

226.17

-36.70

15.02

Rithm Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															230.60	146.97	-37.96	-324.59	165.43

Rithm Capital 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50 Mil.

Rithm Capital (LTS:0K76) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	376.643	/	772.035	*	91
=	44.52

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

Rithm Capital's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16425.751	-	34877.556	+	0.75 * 376.643	+	0.5 * 0
=	-18,169

Rithm Capital Change In Receivables Related Terms

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Rithm Capital (LTS:0K76) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rithm Capital Corp (LTS:0K76) » Definitions » Change In Receivables

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Address

799 Broadway, New York, NY, USA, 10003

Website

https://www.rithmcap.com

Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans.

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