Rubber Leaf (Rubber Leaf) Change In Receivables : $-5.86 Mil (TTM As of Mar. 2024)

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What is Rubber Leaf Change In Receivables?

Rubber Leaf's change in receivables for the quarter that ended in Mar. 2024 was $-3.53 Mil. It means Rubber Leaf's Accounts Receivable increased by $3.53 Mil from Dec. 2023 to Mar. 2024 .

Rubber Leaf's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.99 Mil. It means Rubber Leaf's Accounts Receivable increased by $0.99 Mil from Dec. 2022 to Dec. 2023 .

Rubber Leaf's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.57 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. Rubber Leaf's Days Sales Outstanding for the three months ended in Mar. 2024 was 264.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rubber Leaf's liquidation value for the three months ended in Mar. 2024 was $-17.02 Mil.

Rubber Leaf Change In Receivables Historical Data

The historical data trend for Rubber Leaf'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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Rubber Leaf Change In Receivables Chart

Rubber Leaf Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.38

-1.65

-0.99

Rubber Leaf Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial						1.34	-1.08	0.44	-1.70	-3.53

Rubber Leaf 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 $-5.86 Mil.

Rubber Leaf (OTCPK:RLEA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.565	/	2.955	*	91
=	264.49

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

Rubber Leaf'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)
=	0.197	-	24.012	+	0.75 * 8.565	+	0.5 * 0.741
=	-17.02

Rubber Leaf Change In Receivables Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rubber Leaf Inc (OTCPK:RLEA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN

Website

http://www.rubberleaf.com.cn

Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.

Executives

Hua Wang	director, officer: CFO	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua	director, 10 percent owner, officer: President	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua	director	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines

From GuruFocus

Insider Sell: President, 10% Owner Xingxiu Hua Sells 22,741 Shares of Rubber Leaf Inc (RLEA)

By GuruFocus Research • 09-09-2023