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Aveng (JSE:AEG) Change In Receivables : R513 Mil (TTM As of Dec. 2024)


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What is Aveng Change In Receivables?

Aveng's change in receivables for the quarter that ended in Dec. 2024 was R2,022 Mil. It means Aveng's Accounts Receivable declined by R2,022 Mil from Jun. 2024 to Dec. 2024 .

Aveng's change in receivables for the fiscal year that ended in Jun. 2024 was R-1,279 Mil. It means Aveng's Accounts Receivable increased by R1,279 Mil from Jun. 2023 to Jun. 2024 .

Aveng's Accounts Receivable for the quarter that ended in Dec. 2024 was R310 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. Aveng's Days Sales Outstanding for the six months ended in Dec. 2024 was 3.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aveng's liquidation value for the six months ended in Dec. 2024 was R-6,194 Mil.


Aveng Change In Receivables Historical Data

The historical data trend for Aveng'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.

Aveng Change In Receivables Chart

Aveng Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.37 -575.50 -404.91 -1,127.17 -1,279.43

Aveng Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -477.36 -612.13 234.39 -1,509.41 2,022.49

Aveng 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R513 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.


Aveng  (JSE:AEG) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=310.032/16133.826*91
=3.51

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

Aveng's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2955.064-9498.247+0.75 * 310.032+0.5 * 233.86
=-6,194

* 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.


Aveng Change In Receivables Related Terms

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Aveng Business Description

Traded in Other Exchanges
Address
2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy and the Aveng Corporate and eliminations segment. It generates the majority of its revenue from the Infrastructure segment.