Huge Group (JSE:HUG) Change In Receivables : R0.00 Mil (TTM As of Feb. 2024)

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What is Huge Group Change In Receivables?

Huge Group's change in receivables for the quarter that ended in Feb. 2024 was R0.00 Mil. It means Huge Group's Accounts Receivable stayed the same from Aug. 2023 to Feb. 2024 .

Huge Group's change in receivables for the fiscal year that ended in Feb. 2024 was R57.32 Mil. It means Huge Group's Accounts Receivable declined by R57.32 Mil from Feb. 2023 to Feb. 2024 .

Huge Group's Accounts Receivable for the quarter that ended in Feb. 2024 was R58.41 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. Huge Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 190.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huge Group's liquidation value for the six months ended in Feb. 2024 was R-269.30 Mil.

Huge Group Change In Receivables Historical Data

The historical data trend for Huge 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.

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Huge Group Change In Receivables Chart

Huge Group Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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-20.18

-16.29

19.65

-19.41

57.32

Huge 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															-	-	-	-	-

Huge 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 R0.00 Mil.

Huge Group (JSE:HUG) 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.

Huge 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
=	58.407	/	55.831	*	91
=	190.92

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

Huge 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)
=	23.406	-	336.515	+	0.75 * 58.407	+	0.5 * 0
=	-269.30

Huge Group Change In Receivables Related Terms

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Huge Group (JSE:HUG) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Huge Group Ltd (JSE:HUG) » Definitions » Change In Receivables

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Address

1 Melrose Boulevard, Unit 23, Melrose Arch, PO Box 262, Johannesburg, GT, ZAF, 2076

Website

https://www.hugegroup.com

Huge Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing voice, messaging and data connectivity services using the wireless, global system for mobile-based, fixed cellular last-mile solutions to residential customers and a range of corporate clients, from large corporations to small and medium enterprises. Its divisions are Telecom Grouping, which generates the majority of its revenue; Fintech Grouping; and Corporate Office Grouping. It generates all of its revenue from South Africa.

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