Raiz Invest (ASX:RZI) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Raiz Invest Change In Receivables?

Raiz Invest's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Raiz Invest's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Raiz Invest's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Raiz Invest's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Raiz Invest's Accounts Receivable for the quarter that ended in Dec. 2023 was A$4.03 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. Raiz Invest's Days Sales Outstanding for the six months ended in Dec. 2023 was 73.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Raiz Invest's liquidation value for the six months ended in Dec. 2023 was A$3.96 Mil.

Raiz Invest Change In Receivables Historical Data

The historical data trend for Raiz Invest'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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Raiz Invest Change In Receivables Chart

Raiz Invest Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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Raiz Invest Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

Raiz Invest 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$0.00 Mil.

Raiz Invest (ASX:RZI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.029	/	9.939	*	91
=	73.98

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

Raiz Invest'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)
=	8.97	-	8.035	+	0.75 * 4.029	+	0.5 * 0
=	3.96

Raiz Invest Change In Receivables Related Terms

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Raiz Invest (ASX:RZI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Raiz Invest Ltd (ASX:RZI) » Definitions » Change In Receivables

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Address

2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.raizinvest.com.au

Raiz Invest Ltd provides financial services and products through its mobile first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia, Indonesia, and Malaysia. The company's operating segment includes Raiz Invest Micro Investing Platform and Other Financial Services. It generates maximum revenue from the Raiz Invest Micro Investing Platform segment.

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