Reliance Worldwide (Reliance Worldwide) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is Reliance Worldwide Change In Receivables?

Reliance Worldwide's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Reliance Worldwide's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Reliance Worldwide's change in receivables for the fiscal year that ended in Jun. 2023 was $0 Mil. It means Reliance Worldwide's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Reliance Worldwide's Accounts Receivable for the quarter that ended in Dec. 2023 was $216 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. Reliance Worldwide's Days Sales Outstanding for the six months ended in Dec. 2023 was 66.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Reliance Worldwide's liquidation value for the six months ended in Dec. 2023 was $-464 Mil.

Reliance Worldwide Change In Receivables Historical Data

The historical data trend for Reliance Worldwide'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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Reliance Worldwide Change In Receivables Chart

Reliance Worldwide Annual Data

Trend

Jun17

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Jun23

Change In Receivables

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Reliance Worldwide Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

Reliance Worldwide 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 $0 Mil.

Reliance Worldwide (OTCPK:RLLWF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	216.253	/	589.529	*	91
=	66.95

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

Reliance Worldwide'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)
=	27.165	-	800.235	+	0.75 * 216.253	+	0.5 * 292.876
=	-464

Reliance Worldwide Change In Receivables Related Terms

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Reliance Worldwide (Reliance Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Worldwide Corp Ltd (OTCPK:RLLWF) » Definitions » Change In Receivables

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0EU:Germany RWC:Australia

Address

140 William Street, Level 26, Melbourne, VIC, AUS, 3000

Website

https://www.rwc.com

Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.