Acsion (JSE:ACS) Change In Receivables : R0 Mil (TTM As of Aug. 2023)

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What is Acsion Change In Receivables?

Acsion's change in receivables for the quarter that ended in Aug. 2023 was R0 Mil. It means Acsion's Accounts Receivable stayed the same from Feb. 2023 to Aug. 2023 .

Acsion's change in receivables for the fiscal year that ended in Feb. 2023 was R0 Mil. It means Acsion's Accounts Receivable declined by R0 Mil from Feb. 2022 to Feb. 2023 .

Acsion's Accounts Receivable for the quarter that ended in Aug. 2023 was R10 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. Acsion's Days Sales Outstanding for the six months ended in Aug. 2023 was 2.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acsion's liquidation value for the six months ended in Aug. 2023 was R-3,847 Mil.

Acsion Change In Receivables Historical Data

The historical data trend for Acsion'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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Acsion Change In Receivables Chart

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Change In Receivables

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-47.61

45.76

-29.07

14.21

0.16

Acsion Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

Acsion 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

Acsion (JSE:ACS) 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.

Acsion's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.036	/	692.25	*	91
=	2.65

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

Acsion's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	411.574	-	4290.253	+	0.75 * 10.036	+	0.5 * 48.727
=	-3,847

Acsion Change In Receivables Related Terms

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Acsion (JSE:ACS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and Foreign property operations. The company generates majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

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