Red Trail Energy LLC (Red Trail Energy LLC) Change In Receivables : $0.4 Mil (TTM As of Dec. 2023)

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What is Red Trail Energy LLC Change In Receivables?

Red Trail Energy LLC's change in receivables for the quarter that ended in Dec. 2023 was $2.7 Mil. It means Red Trail Energy LLC's Accounts Receivable declined by $2.7 Mil from Sep. 2023 to Dec. 2023 .

Red Trail Energy LLC's change in receivables for the fiscal year that ended in Sep. 2023 was $-2.8 Mil. It means Red Trail Energy LLC's Accounts Receivable increased by $2.8 Mil from Sep. 2022 to Sep. 2023 .

Red Trail Energy LLC's Accounts Receivable for the quarter that ended in Dec. 2023 was $5.0 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. Red Trail Energy LLC's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Red Trail Energy LLC's liquidation value for the three months ended in Dec. 2023 was $-19.6 Mil.

Red Trail Energy LLC Change In Receivables Historical Data

The historical data trend for Red Trail Energy LLC'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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Red Trail Energy LLC Change In Receivables Chart

Red Trail Energy LLC Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-0.88

1.95

0.50

-3.41

-2.79

Red Trail Energy LLC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.53	-5.89	3.64	-0.01	2.67

Red Trail Energy LLC 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 quarterly data reported by the company within the most recent 12 months, which was $0.4 Mil.

Red Trail Energy LLC (OTCPK:REGX) 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.

Red Trail Energy LLC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5	/	43.456	*	91
=	10.50

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

Red Trail Energy LLC'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)
=	16.563	-	48.096	+	0.75 * 5	+	0.5 * 16.396
=	-19.6

Red Trail Energy LLC Change In Receivables Related Terms

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Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Red Trail Energy LLC (OTCPK:REGX) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652

Website

http://www.redtrailenergyllc.com

Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.

Executives

Jodi Marie Johnson	officer: Chief Financial Officer	PO BOX 513, MEDORA ND 58645
Anthony Lee Mock	director	5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson	officer: Chief Financial Officer	1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl	officer: Chief Executive Officer	3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier	officer: Interim Chief Executive Office	20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch	director	712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert	director	755 HIGHWAY 34, HAZELTON ND 58544
William Price	director	2273 RIVER ROAD, PRICE ND 58530
Jody Hoff	director	8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel	officer: Chief Financial Officer	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller	officer: President	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund	director	104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter	director	322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel	director	510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg	officer: Chief Financial Officer	3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

Red Trail Energy LLC (Red Trail Energy LLC) Headlines

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