Novus Holdings (JSE:NVS) Change In Receivables : R0 Mil (TTM As of Mar. 2024)

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What is Novus Holdings Change In Receivables?

Novus Holdings's change in receivables for the quarter that ended in Mar. 2024 was R0 Mil. It means Novus Holdings's Accounts Receivable stayed the same from Sep. 2023 to Mar. 2024 .

Novus Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was R16 Mil. It means Novus Holdings's Accounts Receivable declined by R16 Mil from Mar. 2023 to Mar. 2024 .

Novus Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was R466 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. Novus Holdings's Days Sales Outstanding for the six months ended in Mar. 2024 was 43.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Novus Holdings's liquidation value for the six months ended in Mar. 2024 was R422 Mil.

Novus Holdings Change In Receivables Historical Data

The historical data trend for Novus Holdings'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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Novus Holdings Change In Receivables Chart

Novus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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84.51

100.85

59.95

454.34

16.46

Novus Holdings 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															-	-	-	-	-

Novus Holdings 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 R0 Mil.

Novus Holdings (JSE:NVS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	466.166	/	1940.152	*	91
=	43.85

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

Novus Holdings'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)
=	886.644	-	1052.234	+	0.75 * 466.166	+	0.5 * 474.967
=	422

Novus Holdings Change In Receivables Related Terms

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Novus Holdings (JSE:NVS) Business Description

Industry

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N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.