Rainmaker Worldwide (Rainmaker Worldwide) Accounts Receivable : $0.00 Mil (As of Mar. 2024)

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What is Rainmaker Worldwide Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rainmaker Worldwide's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rainmaker Worldwide's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.02.

Rainmaker Worldwide Accounts Receivable Historical Data

The historical data trend for Rainmaker Worldwide's Accounts Receivable 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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Rainmaker Worldwide Accounts Receivable Chart

Rainmaker Worldwide Annual Data

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Accounts Receivable

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Rainmaker Worldwide Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Rainmaker Worldwide Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Rainmaker Worldwide Accounts Receivable 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 receivables are being managed.

Rainmaker Worldwide's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Rainmaker Worldwide's accounts receivable are only considered to be worth 75% of book value:

Rainmaker Worldwide's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	11.515
-	0	-	0)	/	499.682
=	-0.02

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Rainmaker Worldwide Accounts Receivable Related Terms

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Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rainmaker Worldwide Inc (OTCPK:RAKR) » Definitions » Accounts Receivable

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Address

271 Brock Street, Peterborough, ON, CAN, K9H 2P8

Website

https://www.rainmakerww.com

Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.