WG Wearne (JSE:WEA) Change In Receivables : R1.3 Mil (TTM As of Aug. 2017)

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What is WG Wearne Change In Receivables?

WG Wearne's change in receivables for the quarter that ended in Aug. 2017 was R-0.8 Mil. It means WG Wearne's Accounts Receivable increased by R0.8 Mil from Feb. 2017 to Aug. 2017 .

WG Wearne's change in receivables for the fiscal year that ended in Feb. 2017 was R-7.9 Mil. It means WG Wearne's Accounts Receivable increased by R7.9 Mil from Feb. 2016 to Feb. 2017 .

WG Wearne's Accounts Receivable for the quarter that ended in Aug. 2017 was R0.0 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. WG Wearne's Days Sales Outstanding for the six months ended in Aug. 2017 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. WG Wearne's liquidation value for the six months ended in Aug. 2017 was R-304.5 Mil.

WG Wearne Change In Receivables Historical Data

The historical data trend for WG Wearne'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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WG Wearne Change In Receivables Chart

WG Wearne Annual Data

Trend

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Change In Receivables

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-4.11

-14.51

-5.08

15.36

-7.88

WG Wearne Semi-Annual Data
	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Change In Receivables	Get a 7-Day Free Trial															-	-	-9.98	2.10	-0.84

WG Wearne 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 Aug. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1.3 Mil.

WG Wearne (JSE:WEA) 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.

WG Wearne's Days Sales Outstanding for the quarter that ended in Aug. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	213.226	*	91
=	0.00

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

WG Wearne's liquidation value for the quarter that ended in Aug. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.492	-	314.406	+	0.75 * 0	+	0.5 * 18.811
=	-304.5

WG Wearne Change In Receivables Related Terms

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WG Wearne (JSE:WEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WG Wearne Ltd (JSE:WEA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

300 Acacia Road, Stonemill Office Park, P.O Box 1674, 3 Kiepersol House, Cresta, ZAF, 2118

Website

http://www.wearne.co.za

WG Wearne Ltd is a supplier of materials and contracting services to the building and construction industry with a complete building material solution. The company is involved in various big construction projects such as the construction of Rand Afrikaans University, the Western Bypass, the Lesotho Highlands Water Scheme, Soccer City and FNB in Fairlands Johannesburg. It operates across South Africa with concentrated operations in Limpopo and Gauteng provinces. its products include sub base materials, concrete stone, road stone, dump rock, ballast stone, crusher sand, building sand, builders mix, plaster sand, generic concrete range, Wearne specialty concrete, high-performance concrete, base course materials and sub base materials.