ReadCloud (ASX:RCL) Change In Receivables : A$0.00 Mil (TTM As of Sep. 2023)

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What is ReadCloud Change In Receivables?

ReadCloud's change in receivables for the quarter that ended in Sep. 2023 was A$0.00 Mil. It means ReadCloud's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

ReadCloud's change in receivables for the fiscal year that ended in Sep. 2023 was A$0.00 Mil. It means ReadCloud's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

ReadCloud's Accounts Receivable for the quarter that ended in Sep. 2023 was A$0.82 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. ReadCloud's Days Sales Outstanding for the six months ended in Sep. 2023 was 72.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ReadCloud's liquidation value for the six months ended in Sep. 2023 was A$-2.08 Mil.

ReadCloud Change In Receivables Historical Data

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

ReadCloud Annual Data

Trend

Jun17

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Sep23

Change In Receivables

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ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

ReadCloud 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

ReadCloud (ASX:RCL) 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.

ReadCloud's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.824	/	2.079	*	91
=	72.33

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

ReadCloud's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.709	-	4.41	+	0.75 * 0.824	+	0.5 * 0
=	-2.08

ReadCloud Change In Receivables Related Terms

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ReadCloud (ASX:RCL) Business Description

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Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.