OUTsurance Group (JSE:OUT) Change In Receivables : R0 Mil (TTM As of Jun. 2023)

View and export this data going back to 2011. Start your Free Trial

What is OUTsurance Group Change In Receivables?

OUTsurance Group's change in receivables for the quarter that ended in Jun. 2023 was R0 Mil. It means OUTsurance Group's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

OUTsurance Group's change in receivables for the fiscal year that ended in Jun. 2023 was R-1,698 Mil. It means OUTsurance Group's Accounts Receivable increased by R1,698 Mil from Jun. 2022 to Jun. 2023 .

OUTsurance Group's Accounts Receivable for the quarter that ended in Jun. 2023 was R6,562 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. OUTsurance Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 87.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OUTsurance Group's liquidation value for the six months ended in Jun. 2023 was R-8,921 Mil.

OUTsurance Group Change In Receivables Historical Data

The historical data trend for OUTsurance 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.

* Premium members only.

OUTsurance Group Change In Receivables Chart

OUTsurance Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Get a 7-Day Free Trial

-137.00

-775.00

-257.00

-1,059.00

-1,698.00

OUTsurance Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

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

OUTsurance Group (JSE:OUT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6562	/	13647	*	91
=	87.75

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

OUTsurance Group'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)
=	8102	-	21944	+	0.75 * 6562	+	0.5 * 0
=	-8,921

OUTsurance Group Change In Receivables Related Terms

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

OUTsurance Group (JSE:OUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » OUTsurance Group Ltd (JSE:OUT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1241 Embankment Road, Zwartkop Ext 7, Centurion, GT, ZAF, 0157

Website

https://www.outsurance.co.za

OUTsurance Group Ltd is a South African investment holding company with the objective of achieving superior returns for investors. The company mainly engaged in healthcare funding, wellness, and financial services industries, employee benefits, investment and savings, healthcare solutions and short-term insurance to individual clients, small and medium businesses, large companies, organizations and public enterprises through investments in Discovery Limited, MMI Holdings Limited, OUTsurance Holdings Limited and RMB-SI investments proprietary Ltd. It holds a number of brands such as Discovery Health, Discovery Life, Discovery Invest, Momentum, and Ping An Health. The company earns a majority of its revenue South Africa.