Radiant Logistics (FRA:3GT) Change In Receivables : €35.8 Mil (TTM As of Mar. 2024)

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What is Radiant Logistics Change In Receivables?

Radiant Logistics's change in receivables for the quarter that ended in Mar. 2024 was €1.0 Mil. It means Radiant Logistics's Accounts Receivable declined by €1.0 Mil from Dec. 2023 to Mar. 2024 .

Radiant Logistics's change in receivables for the fiscal year that ended in Jun. 2023 was €105.2 Mil. It means Radiant Logistics's Accounts Receivable declined by €105.2 Mil from Jun. 2022 to Jun. 2023 .

Radiant Logistics's Accounts Receivable for the quarter that ended in Mar. 2024 was €97.1 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. Radiant Logistics's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Radiant Logistics's liquidation value for the three months ended in Mar. 2024 was €-43.7 Mil.

Radiant Logistics Change In Receivables Historical Data

The historical data trend for Radiant Logistics'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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Radiant Logistics Change In Receivables Chart

Radiant Logistics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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26.07

19.33

-60.27

-65.39

105.15

Radiant Logistics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															18.48	17.64	8.86	8.32	1.02

Radiant Logistics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €35.8 Mil.

Radiant Logistics (FRA:3GT) 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.

Radiant Logistics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	97.072	/	169.794	*	91
=	52.17

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

Radiant Logistics's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.734	-	145.192	+	0.75 * 97.072	+	0.5 * 0
=	-43.7

Radiant Logistics Change In Receivables Related Terms

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Radiant Logistics (FRA:3GT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Radiant Logistics Inc (FRA:3GT) » Definitions » Change In Receivables

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RLGT:USA

Address

Triton Tower Two, 700 S Renton Village Place, Seventh Floor, Renton, WA, USA, 98057

Website

https://www.radiantdelivers.com

Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less-than-truckload (LTL) services, and intermodal services. The company has two geographic operating segments: the United States and Canada. Maximum revenue is generated in the United States.

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