Rubicon Technologies (Rubicon Technologies) Accounts Receivable : $52.0 Mil (As of Mar. 2024)

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What is Rubicon Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rubicon Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $52.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rubicon Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 29.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rubicon Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-5.50.

Rubicon Technologies Accounts Receivable Historical Data

The historical data trend for Rubicon Technologies'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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Rubicon Technologies Accounts Receivable Chart

Rubicon Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

39.57

45.02

42.66

65.92

66.98

Rubicon Technologies Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial									67.20	66.32	59.60	66.98	52.05

Rubicon Technologies Accounts Receivable Calculation

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

Rubicon Technologies 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	52.049	/	163.062	*	91
=	29.13

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

Rubicon Technologies'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)
=	(13.846	+	0.75 * 52.049	+	0.5 * 0	-	333.27
-	0	-	7.755)	/	52.4061
=	-5.50

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.

Rubicon Technologies Accounts Receivable Related Terms

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Rubicon Technologies (Rubicon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubicon Technologies Inc (NYSE:RBT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RBT:Mexico

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

Executives

Palantir Technologies Inc.	10 percent owner	1200 17TH STREET, FLOOR 15, DENVER CO 80202
Hernandez Andres Chico	director	MONTANAS CALIZAS 515, LOMAS DE CHAPULTEP, MEXICO CITY O5 11000
Jose Miguel Enrich	10 percent owner	781 CRANDON BLVD 902, KEY BISCAYNE FL 33149
Kevin Michael Schubert	officer: President	1240 WEST WESLEY ROAD, ATLANTA GA 30327
Jevan Anderson	officer: Chief Financial Officer	1819 DORIS DRIVE, MENLO PARK CA 94025
William D. Meyer	officer: General Counsel	177 BEVERLY ROAD NE, ATLANTA GA 30309
Daniel P. Sampson	officer: Chief Mktg & Comms Officer	231 EAST 76TH STREET, APT. 7J, NEW YORK NY 10021
Paula Henderson	director	1810 SAINT MARY'S ST, RALEIGH NC 27608
Rgh, Inc.	10 percent owner	100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Michael S. Heller	officer: Chief Administrative Officer	10005 RIVER ROCK DRIVE NE, ROSWELL GA 30076
Nathaniel Morris	director, 10 percent owner, officer: Chief Executive Officer	100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Tom Owston	officer: Interim CCO	409 MCCLENAGHAN MILL ROAD, WYNNEWOOD PA 19096
David Rachelson	officer: Chief Sustainability Officer	75 26TH STREET NW, ATLANTA GA 30309
De Viel Castel Renaud	officer: Chief Operations Officer	743 ANASTASIA AVENUE, CORAL GABLES FL 33134
Philip Rodoni	officer: Chief Technology Officer	PO BOX 1296, POINT REYES STATION CA 94956