Purple Group (JSE:PPE) Change In Receivables : R-18.2 Mil (TTM As of Feb. 2024)

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What is Purple Group Change In Receivables?

Purple Group's change in receivables for the quarter that ended in Feb. 2024 was R0.0 Mil. It means Purple Group's Accounts Receivable declined by R0.0 Mil from Aug. 2023 to Feb. 2024 .

Purple Group's change in receivables for the fiscal year that ended in Aug. 2023 was R-31.7 Mil. It means Purple Group's Accounts Receivable increased by R31.7 Mil from Aug. 2022 to Aug. 2023 .

Purple Group's Accounts Receivable for the quarter that ended in Feb. 2024 was R20.8 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. Purple Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 20.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Purple Group's liquidation value for the six months ended in Feb. 2024 was R-4.7 Mil.

Purple Group Change In Receivables Historical Data

The historical data trend for Purple 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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Purple Group Change In Receivables Chart

Purple Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.27

-26.76

7.39

-31.66

Purple 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															-	-	-13.43	-18.23	0.02

Purple 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 R-18.2 Mil.

Purple Group (JSE:PPE) 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.

Purple 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
=	20.755	/	188.793	*	91
=	20.06

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

Purple 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)
=	318.608	-	338.878	+	0.75 * 20.755	+	0.5 * 0
=	-4.7

Purple Group Change In Receivables Related Terms

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Purple Group (JSE:PPE) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Purple Group Ltd (JSE:PPE) » Definitions » Change In Receivables

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Address

173 Oxford Road, WeWork - Coworking & Office Space1F, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.purplegroup.co.za

Purple Group Ltd operates as a financial services company, which engages in derivatives trading and asset management. It operates its business through the following segments: GT247.com and Emperor Asset Management (EAM); EasyEquities Group and Head Office and Investments. The GT247.com and EAM segment involves trading and asset management operations. The EasyEquities segment is the web-based investment platform of the Group and includes EasyProperties, EasyCrypto, and RISE. The Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.

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