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Enterprise Group (XGHA:EGL) Change In Receivables : GHS-9 Mil (TTM As of Dec. 2022)


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Enterprise Group Change In Receivables Definition

Enterprise Group's change in receivables for the quarter that ended in Dec. 2022 was GHS-9 Mil. It means Enterprise Group's Accounts Receivable increased by GHS9 Mil from Dec. 2021 to Dec. 2022 .

Enterprise Group's change in receivables for the fiscal year that ended in Dec. 2022 was GHS-9 Mil. It means Enterprise Group's Accounts Receivable increased by GHS9 Mil from Dec. 2021 to Dec. 2022 .

Enterprise Group's Accounts Receivable for the quarter that ended in Dec. 2022 was GHS80 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. Enterprise Group's Days Sales Outstanding for the six months ended in Dec. 2022 was 11.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enterprise Group's liquidation value for the six months ended in Dec. 2022 was GHS-1,078 Mil.


Enterprise Group Change In Receivables Historical Data

The historical data trend for Enterprise 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.

Enterprise Group Change In Receivables Chart

Enterprise Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 -62.08 -33.92 -8.50

Enterprise Group Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.03 -62.08 -33.92 -8.50

Enterprise 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was GHS-9 Mil.

* 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.


Enterprise Group  (XGHA:EGL) 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.

Enterprise Group's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=80.451/1286.355*91
=11.41

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

Enterprise Group's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=252.046-1390.663+0.75 * 80.451+0.5 * 1.477
=-1,078

* 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.


Enterprise Group Change In Receivables Related Terms

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Enterprise Group (XGHA:EGL) Business Description

Traded in Other Exchanges
N/A
Address
Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150
Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The group is organized into six operating segments. These segments are Non-life insurance business; Life assurance business; Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Life assurance business.

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