Bidvest Group (Bidvest Group) Change In Receivables : $12 Mil (TTM As of Dec. 2023)

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What is Bidvest Group Change In Receivables?

Bidvest Group's change in receivables for the quarter that ended in Dec. 2023 was $24 Mil. It means Bidvest Group's Accounts Receivable declined by $24 Mil from Jun. 2023 to Dec. 2023 .

Bidvest Group's change in receivables for the fiscal year that ended in Jun. 2023 was $-46 Mil. It means Bidvest Group's Accounts Receivable increased by $46 Mil from Jun. 2022 to Jun. 2023 .

Bidvest Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,005 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. Bidvest Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bidvest Group's liquidation value for the six months ended in Dec. 2023 was $-2,410 Mil.

Bidvest Group Change In Receivables Historical Data

The historical data trend for Bidvest Group'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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Bidvest Group Change In Receivables Chart

Bidvest Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-18.75

153.13

-31.35

-151.15

-46.20

Bidvest Group 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															-57.46	-93.41	-37.41	-11.72	23.67

Bidvest Group 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 $12 Mil.

Bidvest Group (OTCPK:BDVSY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1005.389	/	3336.23	*	91
=	55.00

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

Bidvest Group'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)
=	384.784	-	3960.974	+	0.75 * 1005.389	+	0.5 * 823.383
=	-2,410

Bidvest Group Change In Receivables Related Terms

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Bidvest Group (Bidvest Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Bidvest Group Ltd (OTCPK:BDVSY) » Definitions » Change In Receivables

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Traded in Other Exchanges

BVT:South Africa NQL1:Germany

Address

18 Crescent Drive, Bidvest House, Melrose Arch, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.bidvest.com

Bidvest Group Ltd is a South African distribution, manufacturing, and services company. The Group principally generates revenue from providing a wide range of goods and services through its segments; Services International, Services South Africa, Freight, Commercial Products, Branded Products, Financial Services and Automotive, Adcock Ingram, Properties and Corporate and Investments. The company earns majority of its revenue from Services International.

Bidvest Group (Bidvest Group) Headlines

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Baron Emerging Markets Fund Comments on Bidvest Group Ltd.

By Holly LaFon Holly LaFon • 02-16-2017