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Transpaco (JSE:TPC) Accounts Receivable : R505 Mil (As of Dec. 2024)


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What is Transpaco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transpaco's accounts receivables for the quarter that ended in Dec. 2024 was R505 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transpaco's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 69.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transpaco's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was R2.56.


Transpaco Accounts Receivable Historical Data

The historical data trend for Transpaco'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.

Transpaco Accounts Receivable Chart

Transpaco Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.41 302.03 382.06 322.26 359.98

Transpaco Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 517.00 322.26 501.71 359.98 505.40

Transpaco Accounts Receivable Calculation

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


Transpaco 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.

Transpaco's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=505.397/1334.707*91
=69.11

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

Transpaco's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(70.364+0.75 * 505.397+0.5 * 273.362-512.218
-0-0)/28.839
=2.56

* 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.


Transpaco Accounts Receivable Related Terms

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Transpaco Business Description

Traded in Other Exchanges
N/A
Address
331 - 6th Street, PO Box 39601, Bramley, 2018, Wynberg, Sandton, Johannesburg, GT, ZAF, 2090
Transpaco Ltd is a manufacturer, recycler, and distributor of paper and plastic packaging products. It operates in three business segments: Plastics Products, Paper and Board Products, and Property and Group Services. The company generates maximum revenue from the Plastic products segment. Its Plastic products segment manufactures flexible plastic packaging solutions. Some of its products include Retail vest-type plastic bags; Refuse bags; Tubing and sheeting; Scholastic stationery; Heavy duty cores; Yarn cores; Conical containers; Stretch film and others.