Pick N Pay Stores (JSE:PIK) Change In Receivables : R303 Mil (TTM As of Feb. 2024)

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What is Pick N Pay Stores Change In Receivables?

Pick N Pay Stores's change in receivables for the quarter that ended in Feb. 2024 was R441 Mil. It means Pick N Pay Stores's Accounts Receivable declined by R441 Mil from Aug. 2023 to Feb. 2024 .

Pick N Pay Stores's change in receivables for the fiscal year that ended in Feb. 2024 was R303 Mil. It means Pick N Pay Stores's Accounts Receivable declined by R303 Mil from Feb. 2023 to Feb. 2024 .

Pick N Pay Stores's Accounts Receivable for the quarter that ended in Feb. 2024 was R4,255 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. Pick N Pay Stores's Days Sales Outstanding for the six months ended in Feb. 2024 was 13.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pick N Pay Stores's liquidation value for the six months ended in Feb. 2024 was R-33,028 Mil.

Pick N Pay Stores Change In Receivables Historical Data

The historical data trend for Pick N Pay Stores'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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Pick N Pay Stores Change In Receivables Chart

Pick N Pay Stores Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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119.60

239.30

-387.60

-298.90

302.80

Pick N Pay Stores Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-103.60	-128.90	-170.00	-138.60	441.40

Pick N Pay Stores 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R303 Mil.

Pick N Pay Stores (JSE:PIK) 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.

Pick N Pay Stores's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4255.3	/	58233.3	*	91
=	13.34

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

Pick N Pay Stores's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5383.2	-	46695.5	+	0.75 * 4255.3	+	0.5 * 10186.6
=	-33,028

Pick N Pay Stores Change In Receivables Related Terms

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Pick N Pay Stores (JSE:PIK) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pick N Pay Stores Ltd (JSE:PIK) » Definitions » Change In Receivables

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PIK:Germany

Address

101 Rosmead Avenue, Pick n Pay Office Park, Kenilworth, Cape Town, WC, ZAF, 7708

Website

https://www.pnp.co.za

Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, pharmacies, and an Internet shopping platform.