PRCX (Phoenix Rising Co) Change In Receivables: $-3.19 Mil (TTM As of Sep. 2022)

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PRCX Phoenix Rising Co PRCX
12 GF Score
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What is Phoenix Rising Co Change In Receivables?

Phoenix Rising Co PRCX -99.00% 12 Change In Receivables is $-3.19 Mil as of Sep. 2022. GuruFocus rates PRCX with a GF Score™ of 12/100.

Phoenix Rising Co's change in receivables for the quarter that ended in Sep. 2022 was $-0.02 Mil. It means Phoenix Rising Co's Accounts Receivable increased by $0.02 Mil from Jun. 2022 to Sep. 2022 .

Phoenix Rising Co's change in receivables for the fiscal year that ended in Dec. 2021 was $-9.18 Mil. It means Phoenix Rising Co's Accounts Receivable increased by $9.18 Mil from Dec. 2020 to Dec. 2021 .

Phoenix Rising Co's Accounts Receivable for the quarter that ended in Sep. 2022 was $7.66 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. Phoenix Rising Co's Days Sales Outstanding for the three months ended in Sep. 2022 was 163.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Phoenix Rising Co's liquidation value for the three months ended in Sep. 2022 was $-18.66 Mil.

Phoenix Rising Co  (OTCPK:PRCX) 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.

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 liquidation value, Phoenix Rising Co's accounts receivable are only considered to be worth 75% of book value:

Phoenix Rising Co's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.022-27.874+0.75 * 7.661+0.5 * 6.893
=-18.66

* 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 Change In Receivables Related Terms

Phoenix Rising Co Change In Receivables Historical Data

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The historical data trend for Phoenix Rising Co'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.

Phoenix Rising Co Change In Receivables Chart

Phoenix Rising Co Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -44.76 46.15 37.61 0.55 -9.18

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
Change In Receivables 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 1.84 -3.88 0.98 -0.26 -0.02
PRCX
12GF Score
Phoenix Rising Co PRCX
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Rising Co 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.19 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-3.19 Mil mean?
Phoenix Rising Co (PRCX) has a Change In Receivables of $-3.19 Mil as of Sep. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Phoenix Rising Co and its competitors.
Is Phoenix Rising Co's Change In Receivables too high?
Phoenix Rising Co's current Change In Receivables is $-3.19 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 Change In Receivables compare to FOMC and GLAE?
Phoenix Rising Co's Change In Receivables of $-3.19 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 Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Phoenix Rising Co and its competitors. Phoenix Rising Co's current Change In Receivables is $-3.19 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 Change In Receivables of $-3.19 Mil. The current Change In Receivables is $-3.19 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 Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Phoenix Rising Co (PRCX), the current Change In Receivables is $-3.19 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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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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