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Caxton and CTP Publishers and Printers (JSE:CAT) Accounts Receivable : R1,905 Mil (As of Dec. 2023)


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What is Caxton and CTP Publishers and Printers Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Caxton and CTP Publishers and Printers's accounts receivables for the quarter that ended in Dec. 2023 was R1,905 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Caxton and CTP Publishers and Printers's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 94.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Caxton and CTP Publishers and Printers's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R5.41.


Caxton and CTP Publishers and Printers Accounts Receivable Historical Data

The historical data trend for Caxton and CTP Publishers and Printers's Accounts Receivable 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.

Caxton and CTP Publishers and Printers Accounts Receivable Chart

Caxton and CTP Publishers and Printers Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,082.13 735.71 895.35 1,141.26 1,294.47

Caxton and CTP Publishers and Printers Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,298.53 1,141.26 1,837.57 1,294.47 1,905.08

Caxton and CTP Publishers and Printers Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Caxton and CTP Publishers and Printers Accounts Receivable 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 receivables are being managed.

Caxton and CTP Publishers and Printers's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1905.084/3689.853*91
=94.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Caxton and CTP Publishers and Printers's accounts receivable are only considered to be worth 75% of book value:

Caxton and CTP Publishers and Printers's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1810.126+0.75 * 1905.084+0.5 * 1402.174-1956.326
-0.1-42.47)/358.938
=5.41

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Caxton and CTP Publishers and Printers Accounts Receivable Related Terms

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Caxton and CTP Publishers and Printers Business Description

Traded in Other Exchanges
Address
Caxton House, Craighall Park, 368 Jan Smuts Avenue, Johannesburg, GT, ZAF, 2196
Caxton and CTP Publishers and Printers Ltd is a South African media company that publishes regional community newspapers and magazines. It also provides commercial printing, packaging, and book printing to its customers. The group has three reportable segments: Publishing, printing and distribution, Packaging and stationery, and Others. Its packaging segment of the company focuses on cartons, labels, cigarette packs, and point-of-sale packaging displays. The Other segment derives revenue from dividends and certain intergroup charges. The company generates maximum revenue from Publishing, printing, and distribution segment.