Grindrod (JSE:GND) Change In Receivables : R0 Mil (TTM As of Dec. 2024)

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What is Grindrod Change In Receivables?

Grindrod's change in receivables for the quarter that ended in Dec. 2024 was R0 Mil. It means Grindrod's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Grindrod's change in receivables for the fiscal year that ended in Dec. 2024 was R132 Mil. It means Grindrod's Accounts Receivable declined by R132 Mil from Dec. 2023 to Dec. 2024 .

Grindrod's Accounts Receivable for the quarter that ended in Dec. 2024 was R906 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. Grindrod's Days Sales Outstanding for the six months ended in Dec. 2024 was 66.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grindrod's liquidation value for the six months ended in Dec. 2024 was R-1,647 Mil.

Grindrod Change In Receivables Historical Data

The historical data trend for Grindrod'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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Grindrod Change In Receivables Chart

Grindrod Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-3.90

36.91

-686.25

25.48

132.02

Grindrod 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															-	-	-	-	-

Grindrod 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 R0 Mil.

Grindrod (JSE:GND) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	905.708	/	2496.138	*	91
=	66.22

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

Grindrod'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)
=	2515.085	-	4893.85	+	0.75 * 905.708	+	0.5 * 104.855
=	-1,647

Grindrod Change In Receivables Related Terms

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Grindrod Business Description

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GNDP.PFD:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics company. Its solutions include terminal operations, port management, and logistics solutions, including rail logistics, container logistics, intermodal solutions, warehouse management, road transportation, maritime transport, ships agency, clearing and forwarding, customs management, and project logistics. Its operations consist of Ports and Terminals which provide dry-bulk commodities handling services along key trade corridors in South Africa, Mozambique, and Namibia. The Logistics segment operates a ships agency, clearing and forwarding, and rail services as well as container handling landside operations.

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