DRDGold (DRDGold) Change In Receivables : $1.1 Mil (TTM As of Jun. 2023)

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What is DRDGold Change In Receivables?

DRDGold's change in receivables for the quarter that ended in Jun. 2023 was $1.1 Mil. It means DRDGold's Accounts Receivable declined by $1.1 Mil from Jun. 2022 to Jun. 2023 .

DRDGold's change in receivables for the fiscal year that ended in Jun. 2023 was $1.1 Mil. It means DRDGold's Accounts Receivable declined by $1.1 Mil from Jun. 2022 to Jun. 2023 .

DRDGold's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.0 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. DRDGold's Days Sales Outstanding for the six months ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DRDGold's liquidation value for the six months ended in Jun. 2023 was $42.0 Mil.

DRDGold Change In Receivables Historical Data

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

DRDGold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.74

-4.61

0.50

1.63

1.06

DRDGold Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Change In Receivables	Get a 7-Day Free Trial															0.74	-4.61	0.50	1.63	1.06

DRDGold 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $1.1 Mil.

DRDGold (NYSE:DRD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	293.217	*	91
=	0.00

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	131.236	-	100.316	+	0.75 * 0	+	0.5 * 22.065
=	42.0

DRDGold Change In Receivables Related Terms

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DRDGold (DRDGold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (NYSE:DRD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DRD:South Africa DRDGF:USA 0ICU:UK DUB1:Germany

Address

Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, ZAF, 1709

Website

https://www.drdgold.com

DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.

DRDGold (DRDGold) Headlines

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