Rakuten Group (Rakuten Group) Change In Receivables : $-3,955 Mil (TTM As of Mar. 2024)

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What is Rakuten Group Change In Receivables?

Rakuten Group's change in receivables for the quarter that ended in Mar. 2024 was $224 Mil. It means Rakuten Group's Accounts Receivable declined by $224 Mil from Dec. 2023 to Mar. 2024 .

Rakuten Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-4,515 Mil. It means Rakuten Group's Accounts Receivable increased by $4,515 Mil from Dec. 2022 to Dec. 2023 .

Rakuten Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,256 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. Rakuten Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rakuten Group's liquidation value for the three months ended in Mar. 2024 was $-114,249 Mil.

Rakuten Group Change In Receivables Historical Data

The historical data trend for Rakuten Group'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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Rakuten Group Change In Receivables Chart

Rakuten Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5,357.99

-5,872.48

-13,169.81

-10,415.65

-4,514.78

Rakuten Group 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															-339.04	-695.17	-1,257.72	-2,226.06	223.90

Rakuten Group 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 $-3,955 Mil.

Rakuten Group (OTCPK:RKUNY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2255.888	/	3428.306	*	91
=	60.04

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

Rakuten Group'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)
=	35837.56	-	151778.437	+	0.75 * 2255.888	+	0.5 * 0
=	-114,249

Rakuten Group Change In Receivables Related Terms

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Rakuten Group (Rakuten Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rakuten Group Inc (OTCPK:RKUNY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RKUNF:USA 4755:Japan RAK:Germany

Address

4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

https://www.rakuten.co.jp

Rakuten is a leading e-commerce and fintech service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, Rakuten Securities, and decided to become the fourth mobile network operator in Japan, started its full service in April 2020. Mergers and acquisitions in internet and e-finance businesses have driven growth. The loyalty programme, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 80% of its revenue is generated from the Japanese market.