Rainbow Chicken (JSE:RBO) Change In Receivables : R-115 Mil (TTM As of Dec. 2024)

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What is Rainbow Chicken Change In Receivables?

Rainbow Chicken's change in receivables for the quarter that ended in Dec. 2024 was R-259 Mil. It means Rainbow Chicken's Accounts Receivable increased by R259 Mil from Jun. 2024 to Dec. 2024 .

Rainbow Chicken's change in receivables for the fiscal year that ended in Jun. 2024 was R-249 Mil. It means Rainbow Chicken's Accounts Receivable increased by R249 Mil from Jun. 2023 to Jun. 2024 .

Rainbow Chicken's Accounts Receivable for the quarter that ended in Dec. 2024 was R2,736 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. Rainbow Chicken's Days Sales Outstanding for the six months ended in Dec. 2024 was 63.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rainbow Chicken's liquidation value for the six months ended in Dec. 2024 was R418 Mil.

Rainbow Chicken Change In Receivables Historical Data

The historical data trend for Rainbow Chicken'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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Rainbow Chicken Change In Receivables Chart

Rainbow Chicken Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Change In Receivables

246.05

-836.93

-101.18

-248.55

Rainbow Chicken Semi-Annual Data
	Jun21	Jun22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial			-	-	-392.60	144.05	-259.23

Rainbow Chicken 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 R-115 Mil.

Rainbow Chicken (JSE:RBO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2735.9	/	7894.686	*	91
=	63.25

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

Rainbow Chicken'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)
=	970.838	-	3610.197	+	0.75 * 2735.9	+	0.5 * 2010.252
=	418

Rainbow Chicken Change In Receivables Related Terms

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Rainbow Chicken Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rainbow Chicken Ltd (JSE:RBO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Stanley Methven Road, Hammarsdale, Durban, NL, ZAF, 3701

Website

https://www.rainbowchickens.co.za

Rainbow Chicken Ltd is a fully integrated broiler producing company involved in all stages of chicken production from farm to fork. It is a trusted South African heritage brand that consumers have come to rely on for quality chicken products. Its diverse product offering includes the following product sets: Fresh Chicken, Standard Chicken, Frozen Specialized Chicken, Chilled process meat. It segments includes Chicken, Animal Feed (consisting of Epol and Driehoek), Waste-to-Value (consisting of Matzonox and Matzonox Fertilisers), Group (other immaterial segments). Maximum of revenue is from Chicken Segment.

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