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Rivian Automotive's change in receivables for the quarter that ended in Dec. 2023 was $76 Mil. It means Rivian Automotive's Accounts Receivable declined by $76 Mil from Sep. 2023 to Dec. 2023 .
Rivian Automotive's change in receivables for the fiscal year that ended in Dec. 2023 was $-59 Mil. It means Rivian Automotive's Accounts Receivable increased by $59 Mil from Dec. 2022 to Dec. 2023 .
Rivian Automotive's Accounts Receivable for the quarter that ended in Dec. 2023 was $161 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. Rivian Automotive's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.17.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rivian Automotive's liquidation value for the three months ended in Dec. 2023 was $3,162 Mil.
The historical data trend for Rivian Automotive'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.
Rivian Automotive Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Change In Receivables | -16.00 | 11.00 | -20.00 | -76.00 | -59.00 |
Rivian Automotive Quarterly Data | ||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Change In Receivables | Get a 7-Day Free Trial | 6.00 | -55.00 | -184.00 | 104.00 | 76.00 |
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 quarterly data reported by the company within the most recent 12 months, which was $-59 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.
Rivian Automotive (NAS:RIVN) 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.
Rivian Automotive's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 161 | / | 1315 | * | 91 |
= | 11.17 |
2. In Ben Graham's calculation of liquidation value, Rivian Automotive's accounts receivable are only considered to be worth 75% of book value:
Rivian Automotive'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) |
= | 9368 | - | 7637 | + | 0.75 * 161 | + | 0.5 * 2620 |
= | 3,162 |
* 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 Rivian Automotive's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Claire Mcdonough | officer: Chief Financial Officer | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Kjell Gruner | officer: Chief Commercial Officer | C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208 |
John Krafcik | director | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Jeff Baker | officer: Chief Accounting Officer | 1221 BROADWAY, OAKLAND CA 94612 |
Harald Kroeger | director | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92606 |
Jay T Flatley | director | 9885 TOWNE CENTRE DR, SAN DIEGO CA 92121 |
Jiten Behl | officer: Chief Growth Officer | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Robert J Scaringe | director, officer: Chief Executive Officer | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Ford Motor Co | 10 percent owner | ONE AMERICAN RD, DEARBORN MI 48126 |
Pamela Thomas-graham | director | C/O IDENIX PHARMACEUTICALS, INC., 60 HAMPSHIRE STREET, CAMBRIDGE MA 02139 |
Karen Boone | director | 15 KOCH ROAD, SUITE J, CORTE MADERA CA 94925 |
Rose M Marcario | director | 21101 OXNARD STREET, WOODLAND HILLS CA 91367 |
Peter Krawiec | director | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Sanford Harold Schwartz | director | C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618 |
Amazon Com Inc | director, 10 percent owner | 410 TERRY AVENUE NORTH, SEATTLE WA 98109 |
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