Reece (ASX:REH) Change In Receivables : A$0 Mil (TTM As of Dec. 2023)

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What is Reece Change In Receivables?

Reece's change in receivables for the quarter that ended in Dec. 2023 was A$0 Mil. It means Reece's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Reece's change in receivables for the fiscal year that ended in Jun. 2023 was A$0 Mil. It means Reece's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Reece's Accounts Receivable for the quarter that ended in Dec. 2023 was A$1,230 Mil.

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 Receivable are being managed. Reece's Days Sales Outstanding for the six months ended in Dec. 2023 was 49.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Reece's liquidation value for the six months ended in Dec. 2023 was A$-1,051 Mil.

Reece Change In Receivables Historical Data

The historical data trend for Reece's Change In Receivables 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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Reece Change In Receivables Chart

Reece Annual Data

Trend

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Change In Receivables

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Reece Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Reece Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

Reece (ASX:REH) Change In Receivables 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 Receivable are being managed.

Reece's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1229.902	/	4537.273	*	91
=	49.47

2. In Ben Graham's calculation of liquidation value, Reece's accounts receivable are only considered to be worth 75% of book value:

Reece's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	336.7	-	3030.595	+	0.75 * 1229.902	+	0.5 * 1441.347
=	-1,051

Reece Change In Receivables Related Terms

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Reece (ASX:REH) Business Description

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Address

Private Bag 109, Burwood, Sydney, VIC, AUS, 3125

Website

https://www.reecegroup.com.au

Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's professional, or trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The U.S. business principally serves plumbers working on commercial and residential construction projects and has a network of almost 250 stores in the southern Sun Belt states.

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