REX American Resources (REX American Resources) Accounts Receivable : $23.2 Mil (As of Jan. 2024)

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What is REX American Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. REX American Resources's accounts receivables for the quarter that ended in Jan. 2024 was $23.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. REX American Resources's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 11.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. REX American Resources's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $14.78.

REX American Resources Accounts Receivable Historical Data

The historical data trend for REX American Resources'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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REX American Resources Accounts Receivable Chart

REX American Resources Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Receivable

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12.97

19.71

25.82

25.16

23.19

REX American Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															25.16	29.22	32.00	30.14	23.19

REX American Resources Accounts Receivable Calculation

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

REX American Resources 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.185	/	187.614	*	91
=	11.28

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

REX American Resources's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(378.657	+	0.75 * 23.185	+	0.5 * 26.984	-	77.205
-	0	-	73.679)	/	17.5037
=	14.78

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.

REX American Resources Accounts Receivable Related Terms

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REX American Resources (REX American Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » REX American Resources Corp (NYSE:REX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RX3:Germany

Address

7720 Paragon Road, Dayton, OH, USA, 45459

Website

https://www.rexamerican.com

REX American Resources Corp operates as a holding company, which engages in investment in alternative energy and ethanol production entities. Its operating segments include Ethanol and By-Products. Its products include dried distillers grains, modified distillers grains, and non-food grade corn oil.

Executives

Douglas Bruggeman	officer: CFO, VP-Finance, Treasurer	7720 PARAGON ROAD, DAYTON OH 45459
Cheryl Lea Bustos	director	43 SUGARCREEK TRAIL, GALENA IL 61036
Stuart A Rose	director, 10 percent owner, officer: COB; CEO	7720 PARAGON ROAD, DAYTON OH 45459
Mervyn L Alphonso	director	7720 PARAGON ROAD, DAYTON OH 45459
Anne Macmillan	director	7720 PARAGON ROAD, DAYTON OH 45459
Lawrence Tomchin	director	7720 PARAGON ROAD, DAYTON OH 45459
Zafar A Rizvi	officer: VP Loss Prevention	7720 PARAGON ROAD, DAYTON OH 45459
Edward M Kress	director, officer: Secretary	6505 LANDSEND COURT, DAYTON OH 45414
J. Dennis Hastert	director	20 S. WACKER DRIVE, CHICAGO IL 60606
David Fuchs	officer: VP Mgmt Information Systems	1366 HOLLOWCREEK DRIVE, MIAMISBURG OH 45342
Keith B Magby	officer: VP Operations	1947 FOUNTAINVIEW DRIVE, DAYTON OH 45414
David L Bearden	officer: President;COO	1517 WOODS DRIVE - UNIT 209, ARLINGTON HEIGHTS IL 60004
Philip J Kellar	officer: VP Store Operations	P O BOX 6592, KINGSPORT TN 37663
Lee Fisher	director	3605 WARRENSVILLE CENTER ROAD, SHAKER HEIGHTS OH 44122
David Harris	director	237 PARK AVENUE - SUITE 900, NEW YORK NY 10017