Ramaco Resources (FRA:5R0) Change In Receivables : €-29.8 Mil (TTM As of Mar. 2024)

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What is Ramaco Resources Change In Receivables?

Ramaco Resources's change in receivables for the quarter that ended in Mar. 2024 was €-6.1 Mil. It means Ramaco Resources's Accounts Receivable increased by €6.1 Mil from Dec. 2023 to Mar. 2024 .

Ramaco Resources's change in receivables for the fiscal year that ended in Dec. 2023 was €-51.1 Mil. It means Ramaco Resources's Accounts Receivable increased by €51.1 Mil from Dec. 2022 to Dec. 2023 .

Ramaco Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was €95.3 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. Ramaco Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ramaco Resources's liquidation value for the three months ended in Mar. 2024 was €-159.1 Mil.

Ramaco Resources Change In Receivables Historical Data

The historical data trend for Ramaco Resources'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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Ramaco Resources Change In Receivables Chart

Ramaco Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.67

-0.86

-21.38

3.10

-51.07

Ramaco Resources 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															-27.95	11.19	-4.37	-30.47	-6.14

Ramaco Resources 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 €-29.8 Mil.

Ramaco Resources (FRA:5R0) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	95.256	/	158.862	*	91
=	54.71

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

Ramaco Resources'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)
=	28.063	-	277.604	+	0.75 * 95.256	+	0.5 * 37.978
=	-159.1

Ramaco Resources Change In Receivables Related Terms

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Ramaco Resources (FRA:5R0) Business Description

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METCB:USA METC:USA

Address

250 West Main Street, Suite 1900, Lexington, KY, USA, 40507

Website

https://www.ramacoresources.com

Ramaco Resources Inc is a United States-based company engaged in operating and developing high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its only revenue-generating product is metallurgical coal which is used to make metallurgical coke. This is used as an input in the blast furnace steel-making process. The company's customer base encompasses U.S.-based blast furnace steel mills and U.S.-based coke plants, as well as international metallurgical coal consumers. Ramaco's portfolio comprises of the Elk Creek, Berwind, RAM Mine, and Knox Creek projects.

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