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Rayonier Advanced Materials (STU:RYQ) Accounts Receivable : €141 Mil (As of Mar. 2024)


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What is Rayonier Advanced Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rayonier Advanced Materials's accounts receivables for the quarter that ended in Mar. 2024 was €141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rayonier Advanced Materials's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rayonier Advanced Materials's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-15.58.


Rayonier Advanced Materials Accounts Receivable Historical Data

The historical data trend for Rayonier Advanced Materials'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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Rayonier Advanced Materials Accounts Receivable Chart

Rayonier Advanced Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.96 115.11 116.26 161.56 152.35

Rayonier Advanced Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.57 133.88 133.05 152.35 140.70

Rayonier Advanced Materials Accounts Receivable Calculation

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


Rayonier Advanced Materials 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.

Rayonier Advanced Materials's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.703/356.644*91
=36.00

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

Rayonier Advanced Materials'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)
=(50.239+0.75 * 140.703+0.5 * 209.806-1281.832
-0-0)/65.5548
=-15.58

* 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.


Rayonier Advanced Materials Accounts Receivable Related Terms

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Rayonier Advanced Materials (STU:RYQ) Business Description

Traded in Other Exchanges
Address
1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL, USA, 32207
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.

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