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RYDE (Ryde Group) Change In Receivables : $0.04 Mil (TTM As of Dec. 2023)


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What is Ryde Group Change In Receivables?

Ryde Group's change in receivables for the quarter that ended in Dec. 2023 was $0.08 Mil. It means Ryde Group's Accounts Receivable declined by $0.08 Mil from Jun. 2023 to Dec. 2023 .

Ryde Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0.04 Mil. It means Ryde Group's Accounts Receivable declined by $0.04 Mil from Dec. 2022 to Dec. 2023 .

Ryde Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.02 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. Ryde Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ryde Group's liquidation value for the six months ended in Dec. 2023 was $-8.18 Mil.

Ryde Group Change In Receivables Historical Data

The historical data trend for Ryde Group'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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Ryde Group Change In Receivables Chart

Ryde Group Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-0.01 -0.04 0.04

Ryde Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - -0.01 -0.04 -0.04 0.08

Ryde Group 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 $0.04 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.

Ryde Group  (AMEX:RYDE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/2.579*91
=1.63

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

Ryde Group'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)
=1.272-9.473+0.75 * 0.023+0.5 * 0
=-8.18

* 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.

Ryde Group Change In Receivables Related Terms

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Ryde Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (AMEX:RYDE) » Definitions » Change In Receivables
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Traded in Other Exchanges
D0S:Germany
Address
No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352
Website
https://www.rydesharing.com
Ryde Group Ltd is a company providing an super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operate in following segments such as being mobility where they provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners; and quick commerce where they provide on-demand, scheduled, and multi-stop parcel delivery services.

Ryde Group Headlines

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