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enX Group (JSE:ENX) Change In Receivables : R0 Mil (TTM As of Feb. 2024)


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What is enX Group Change In Receivables?

enX Group's change in receivables for the quarter that ended in Feb. 2024 was R0 Mil. It means enX Group's Accounts Receivable stayed the same from Aug. 2023 to Feb. 2024 .

enX Group's change in receivables for the fiscal year that ended in Aug. 2023 was R-10 Mil. It means enX Group's Accounts Receivable increased by R10 Mil from Aug. 2022 to Aug. 2023 .

enX Group's Accounts Receivable for the quarter that ended in Feb. 2024 was R686 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. enX Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 59.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. enX Group's liquidation value for the six months ended in Feb. 2024 was R-1,930 Mil.

enX Group Change In Receivables Historical Data

The historical data trend for enX 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.

enX Group Change In Receivables Chart

enX Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.32 124.34 -297.43 -252.88 -9.62

enX Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - - - - -

enX 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 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.

enX Group  (JSE:ENX) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=685.698/2116.791*91
=59.12

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=675.459-3624.966+0.75 * 685.698+0.5 * 1011.233
=-1,930

* 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.

enX Group Change In Receivables Related Terms

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enX Group (JSE:ENX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » enX Group Ltd (JSE:ENX) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
9th Floor, Kathryn Towers, 1 Park Lane, Sandton, PostNet Suite X86, Private Bag X7, Aston Manor, ZAF, 1630
Website
https://www.enxgroup.co.za
enX Group Ltd is a diversified industrial group that provides industrial equipment, parts, related components, support services, and petrochemical products to diverse industries in South Africa, Sub-Saharan Africa, and the UK. The company operates through three segments including enX Power, enX Lubricants and enX Chemicals. enX Power involves New Way Power designs, manufacturers, installs, rents and maintains diesel generators and distributes a range of industrial engines. enX Chemicals involves West African International imports, stores and distributes plastics, polymers, rubber and speciality chemicals as well as conveyor belting, steel cord and conveyer belting fabric into Southern Africa. enX Lubricants segment African Group Lubricants produces and markets oil lubricants.