Rainbow Rare Earths (LSE:RBW) Change In Receivables : £-0.19 Mil (TTM As of Dec. 2023)

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What is Rainbow Rare Earths Change In Receivables?

Rainbow Rare Earths's change in receivables for the quarter that ended in Dec. 2023 was £-0.19 Mil. It means Rainbow Rare Earths's Accounts Receivable increased by £0.19 Mil from Jun. 2023 to Dec. 2023 .

Rainbow Rare Earths's change in receivables for the fiscal year that ended in Jun. 2023 was £-0.03 Mil. It means Rainbow Rare Earths's Accounts Receivable increased by £0.03 Mil from Jun. 2022 to Jun. 2023 .

Rainbow Rare Earths's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.45 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rainbow Rare Earths's liquidation value for the six months ended in Dec. 2023 was £1.90 Mil.

Rainbow Rare Earths Change In Receivables Historical Data

The historical data trend for Rainbow Rare Earths'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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Rainbow Rare Earths Change In Receivables Chart

Rainbow Rare Earths Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.13

0.10

-0.14

-0.02

-0.03

Rainbow Rare Earths Semi-Annual Data
	Jun14	Jun15	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													0.02	-0.05	-0.02	-0.01	-0.19

Rainbow Rare Earths 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 £-0.19 Mil.

Rainbow Rare Earths (LSE:RBW) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.446	/	0	*	91
=

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

Rainbow Rare Earths'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)
=	3.162	-	1.883	+	0.75 * 0.446	+	0.5 * 0.567
=	1.90

Rainbow Rare Earths Change In Receivables Related Terms

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Rainbow Rare Earths (LSE:RBW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainbow Rare Earths Ltd (LSE:RBW) » Definitions » Change In Receivables

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RBWRF:USA RBWl:UK GBP:Germany

Address

St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL

Website

https://www.rainbowrareearths.com

Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.

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