Roots (TSX:ROOT) Change In Receivables : C$-0.4 Mil (TTM As of Jan. 2024)

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What is Roots Change In Receivables?

Roots's change in receivables for the quarter that ended in Jan. 2024 was C$-0.3 Mil. It means Roots's Accounts Receivable increased by C$0.3 Mil from Oct. 2023 to Jan. 2024 .

Roots's change in receivables for the fiscal year that ended in Jan. 2024 was C$-0.4 Mil. It means Roots's Accounts Receivable increased by C$0.4 Mil from Jan. 2023 to Jan. 2024 .

Roots's Accounts Receivable for the quarter that ended in Jan. 2024 was C$6.1 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. Roots's Days Sales Outstanding for the three months ended in Jan. 2024 was 5.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Roots's liquidation value for the three months ended in Jan. 2024 was C$-128.4 Mil.

Roots Change In Receivables Historical Data

The historical data trend for Roots'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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Roots Change In Receivables Chart

Roots Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-0.53

-0.01

1.18

0.93

-0.39

Roots Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															2.08	2.88	-4.16	1.17	-0.28

Roots 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.4 Mil.

Roots (TSX:ROOT) 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.

Roots's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.074	/	108.234	*	91
=	5.12

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

Roots's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.033	-	179.045	+	0.75 * 6.074	+	0.5 * 36.157
=	-128.4

Roots Change In Receivables Related Terms

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Roots (TSX:ROOT) Business Description

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RROTF:USA

Address

1400 Castlefield Avenue, Toronto, ON, CAN, M6B 4C4

Website

https://www.roots.com

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for the majority of revenue, and Partners & Other. The DTC segment sells products through the company's corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots-branded products to the company's international operating partner, and it earns royalties on the retail sales of Roots-branded products. The company has operating stores in Canada, the United States, Taiwan, China, and Hong Kong.