Deneb Investments (JSE:DNB) Change In Receivables : R26 Mil (TTM As of Mar. 2024)

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What is Deneb Investments Change In Receivables?

Deneb Investments's change in receivables for the quarter that ended in Mar. 2024 was R151 Mil. It means Deneb Investments's Accounts Receivable declined by R151 Mil from Sep. 2023 to Mar. 2024 .

Deneb Investments's change in receivables for the fiscal year that ended in Mar. 2024 was R26 Mil. It means Deneb Investments's Accounts Receivable declined by R26 Mil from Mar. 2023 to Mar. 2024 .

Deneb Investments's Accounts Receivable for the quarter that ended in Mar. 2024 was R451 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. Deneb Investments's Days Sales Outstanding for the six months ended in Mar. 2024 was 45.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Deneb Investments's liquidation value for the six months ended in Mar. 2024 was R-919 Mil.

Deneb Investments Change In Receivables Historical Data

The historical data trend for Deneb Investments'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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Deneb Investments Change In Receivables Chart

Deneb Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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232.61

-2.26

-84.68

11.39

25.82

Deneb Investments 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															-6.54	-77.64	89.03	-124.83	150.65

Deneb Investments 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 R26 Mil.

Deneb Investments (JSE:DNB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	451.167	/	1816.531	*	91
=	45.33

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

Deneb Investments'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)
=	153.195	-	1701.564	+	0.75 * 451.167	+	0.5 * 581.882
=	-919

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Deneb Investments Business Description

Industry

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Address

Corner Main and Browning Roads, 5th Floor, Deneb House, Observatory, Cape Town, WC, ZAF, 7925

Website

https://www.deneb.co.za

Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Property; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America and South America, of which the majority of the revenue is generated from South Africa.