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Ramsdens Holdings (Ramsdens Holdings) Accounts Receivable : $18.2 Mil (As of Sep. 2023)


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What is Ramsdens Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ramsdens Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $18.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ramsdens Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 59.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ramsdens Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.46.


Ramsdens Holdings Accounts Receivable Historical Data

The historical data trend for Ramsdens Holdings'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.

* Premium members only.

Ramsdens Holdings Accounts Receivable Chart

Ramsdens Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 3.44 16.41 13.27 14.11 18.18

Ramsdens Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.27 15.62 14.11 18.06 18.18

Ramsdens Holdings Accounts Receivable Calculation

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


Ramsdens Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.184/55.463*91
=59.83

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

Ramsdens Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(16.116+0.75 * 18.184+0.5 * 34.235-32.313
-0-0)/31.715
=0.46

* 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.


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.


Ramsdens Holdings Accounts Receivable Related Terms

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Ramsdens Holdings (Ramsdens Holdings) Business Description

Traded in Other Exchanges
Address
The Parkway Centre, Unit 16, Coulby Newham, Middlesbrough, GBR, TS8 0TJ
Ramsdens Holdings PLC is a diversified financial services provider and retailer operating in the following core segments - Foreign currency segment which comprises the sale and purchase of foreign currency notes to holidaymakers; Pawnbroking segment, which involves providing a cash loan in return for jewellery and watches; Purchases of precious metals segment, involves buying unwanted jewellery, gold, and other precious metals from customers for cash; Retail Jewellery segment and Income from other financial services. Maximum revenue is generated by the Retail Jewellery segment. Geographically, it derives a majority of revenue from the United Kingdom.

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