Burstone Group (JSE:BTN) Change In Receivables : R-82 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Burstone Group Change In Receivables?

Burstone Group's change in receivables for the quarter that ended in Mar. 2024 was R-30 Mil. It means Burstone Group's Accounts Receivable increased by R30 Mil from Sep. 2023 to Mar. 2024 .

Burstone Group's change in receivables for the fiscal year that ended in Mar. 2024 was R-82 Mil. It means Burstone Group's Accounts Receivable increased by R82 Mil from Mar. 2023 to Mar. 2024 .

Burstone Group's Accounts Receivable for the quarter that ended in Mar. 2024 was R25 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. Burstone Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 6.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Burstone Group's liquidation value for the six months ended in Mar. 2024 was R-13,107 Mil.

Burstone Group Change In Receivables Historical Data

The historical data trend for Burstone 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.

Burstone Group Change In Receivables Chart

Burstone Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-166.73

21.84

56.16

-73.56

-81.57

Burstone Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															42.48	-67.99	-5.57	-51.77	-29.80

Burstone 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.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-82 Mil.

Burstone Group (JSE:BTN) 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.

Burstone Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	24.938	/	716.524	*	91
=	6.35

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

Burstone Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	283.513	-	13408.853	+	0.75 * 24.938	+	0.5 * 0
=	-13,107

Burstone Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Burstone Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Burstone Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Burstone Group Ltd (JSE:BTN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Grayston Drive, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.investecproperty.com

Burstone Group Ltd Formerly Investec Property Fund Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.

Burstone Group Headlines

No Headlines