Rumble (Rumble) Change In Receivables : $-0.46 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Rumble Change In Receivables?

Rumble's change in receivables for the quarter that ended in Mar. 2024 was $-0.55 Mil. It means Rumble's Accounts Receivable increased by $0.55 Mil from Dec. 2023 to Mar. 2024 .

Rumble's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.68 Mil. It means Rumble's Accounts Receivable increased by $0.68 Mil from Dec. 2022 to Dec. 2023 .

Rumble's Accounts Receivable for the quarter that ended in Mar. 2024 was $5.99 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. Rumble's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rumble's liquidation value for the three months ended in Mar. 2024 was $136.01 Mil.

Rumble Change In Receivables Historical Data

The historical data trend for Rumble'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.

* Premium members only.

Rumble Change In Receivables Chart

Rumble Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

1.38

-0.66

0.14

-2.94

-0.68

Rumble Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										-0.76	-1.34	0.32	1.11	-0.55

Rumble 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 $-0.46 Mil.

Rumble (NAS:RUM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.986	/	17.733	*	91
=	30.80

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

Rumble'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)
=	183.835	-	52.31	+	0.75 * 5.986	+	0.5 * 0
=	136.01

Rumble Change In Receivables Related Terms

Thank you for viewing the detailed overview of Rumble's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Rumble (Rumble) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rumble Inc (NAS:RUM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

444 Gulf of Mexico Dr, Longboat Key, FL, USA, 34228

Website

https://www.rumble.com

Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the US.

Executives

Ryan Milnes	director, 10 percent owner	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
David O Sacks	director	855 FRONT STREET, SAN FRANCISCO CA 94111
Paul T Cappuccio	director	TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis	officer: Gen.Counsel & Corp. Sectry	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes	officer: Chief Operating Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki	officer: Chief Technology Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff	officer: Chief Financial Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Cfac Holdings Vi, Llc	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Nancy Armstrong	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo	officer: Chief Content Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski	director, 10 percent owner, officer: Chief Executive Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein	director	CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay	director	545 WASHINGTON BLVD, JERSEY CITY NJ 07310