Shoprite Holdings (JSE:SHP) Change In Receivables : R-209 Mil (TTM As of Dec. 2023)

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What is Shoprite Holdings Change In Receivables?

Shoprite Holdings's change in receivables for the quarter that ended in Dec. 2023 was R-753 Mil. It means Shoprite Holdings's Accounts Receivable increased by R753 Mil from Jun. 2023 to Dec. 2023 .

Shoprite Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was R-687 Mil. It means Shoprite Holdings's Accounts Receivable increased by R687 Mil from Jun. 2022 to Jun. 2023 .

Shoprite Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was R6,086 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. Shoprite Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shoprite Holdings's liquidation value for the six months ended in Dec. 2023 was R-50,999 Mil.

Shoprite Holdings Change In Receivables Historical Data

The historical data trend for Shoprite Holdings'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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Shoprite Holdings Change In Receivables Chart

Shoprite Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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172.00

-20.00

84.00

-665.00

-687.00

Shoprite Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															-823.00	158.00	-1,231.00	544.00	-753.00

Shoprite Holdings 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 R-209 Mil.

Shoprite Holdings (JSE:SHP) 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.

Shoprite Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6086	/	121079	*	91
=	9.17

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

Shoprite Holdings'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)
=	11092	-	81291	+	0.75 * 6086	+	0.5 * 29272
=	-50,999

Shoprite Holdings Change In Receivables Related Terms

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Shoprite Holdings (JSE:SHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (JSE:SHP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SHOPRITE:Zambia SRHGF:USA SRGHY:USA SRH:Namibia

Address

Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560

Website

https://www.shopriteholdings.co.za

Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

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