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Renewable Innovations's change in receivables for the quarter that ended in Feb. 2023 was $-0.50 Mil. It means Renewable Innovations's Accounts Receivable increased by $0.50 Mil from Nov. 2022 to Feb. 2023 .
Renewable Innovations's change in receivables for the fiscal year that ended in Nov. 2022 was $-0.11 Mil. It means Renewable Innovations's Accounts Receivable increased by $0.11 Mil from Nov. 2021 to Nov. 2022 .
Renewable Innovations's Accounts Receivable for the quarter that ended in Feb. 2023 was $0.03 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. Renewable Innovations's Days Sales Outstanding for the three months ended in Feb. 2023 was 2.57.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Renewable Innovations's liquidation value for the three months ended in Feb. 2023 was $-7.40 Mil.
The historical data trend for Renewable Innovations'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.
Renewable Innovations Annual Data | |||||||
Trend | Nov20 | Nov21 | Nov22 | ||||
Change In Receivables | - | -0.02 | -0.11 |
Renewable Innovations Quarterly Data | |||||||||||||
Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | |
Change In Receivables | Get a 7-Day Free Trial | 0.01 | - | - | - | -0.50 |
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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 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.
Renewable Innovations (OTCPK:REII) 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.
Renewable Innovations's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0.031 | / | 1.099 | * | 91 |
= | 2.57 |
2. In Ben Graham's calculation of liquidation value, Renewable Innovations's accounts receivable are only considered to be worth 75% of book value:
Renewable Innovations's liquidation value for the quarter that ended in Feb. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 0.26 | - | 7.967 | + | 0.75 * 0.031 | + | 0.5 * 0.561 |
= | -7.40 |
* 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.
Thank you for viewing the detailed overview of Renewable Innovations's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Lynn Bagley Barney | director, 10 percent owner, officer: CFO, Sec, Director | 1851 FAIRWAY LANE, DRAPER UT 84020 |
Robert L. Mount | director, 10 percent owner, officer: CEO, Pres, Director | 752 N. MERIDIAN DRIVE, SARATOGA SPRINGS UT 84045 |
William Donald Mcleod | director, officer: President | 129 COUNTRY PLACE COURT, COLUMBIA SC 29212 |
Thomas Michael Grbelja | officer: Treasurer and Secretary | 151 BIRCH ROAD, FRANKLIN LAKES NJ 07417 |
Alex Aliksanyan | director, officer: Chief Executive Officer | C/O NEXT 1 INTERACTIVE, INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331 |
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