Capital Appreciation (JSE:CTA) Change In Receivables : R-67 Mil (TTM As of Sep. 2023)

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What is Capital Appreciation Change In Receivables?

Capital Appreciation's change in receivables for the quarter that ended in Sep. 2023 was R15 Mil. It means Capital Appreciation's Accounts Receivable declined by R15 Mil from Mar. 2023 to Sep. 2023 .

Capital Appreciation's change in receivables for the fiscal year that ended in Mar. 2023 was R-75 Mil. It means Capital Appreciation's Accounts Receivable increased by R75 Mil from Mar. 2022 to Mar. 2023 .

Capital Appreciation's Accounts Receivable for the quarter that ended in Sep. 2023 was R195 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. Capital Appreciation's Days Sales Outstanding for the six months ended in Sep. 2023 was 64.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Capital Appreciation's liquidation value for the six months ended in Sep. 2023 was R450 Mil.

Capital Appreciation Change In Receivables Historical Data

The historical data trend for Capital Appreciation'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.

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Capital Appreciation Change In Receivables Chart

Capital Appreciation Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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23.67

-19.82

30.59

-66.75

-75.21

Capital Appreciation Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial											-	-	6.73	-81.94	14.67

Capital Appreciation 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-67 Mil.

Capital Appreciation (JSE:CTA) 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.

Capital Appreciation's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	194.808	/	554.161	*	91
=	64.16

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

Capital Appreciation's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	486.265	-	190.204	+	0.75 * 194.808	+	0.5 * 15.82
=	450

Capital Appreciation Change In Receivables Related Terms

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Capital Appreciation (JSE:CTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Capital Appreciation Ltd (JSE:CTA) » Definitions » Change In Receivables

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Address

44 Saturn Crescent, Unit 2, Linbro Business Park, Sandton, Johannesburg, GT, ZAF, 2090

Website

https://www.capitalappreciation.co.za

Capital Appreciation Ltd is a South Africa based company that owns, manages, invests in, and promotes established and developing financial technology enterprises, their platforms, solutions, products, and applications. The company operates in Fintech and Financial service sector. The company operates in three segments that include Payments and Payment Infrastructure Services and Software and Services, and an International Divison. The majority of the revenue is generated from the payments division. All of its revenue is generated from South Africa.