RFG Holdings (JSE:RFG) Change In Receivables : R12 Mil (TTM As of Sep. 2023)

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What is RFG Holdings Change In Receivables?

RFG Holdings's change in receivables for the quarter that ended in Sep. 2023 was R57 Mil. It means RFG Holdings's Accounts Receivable declined by R57 Mil from Mar. 2023 to Sep. 2023 .

RFG Holdings's change in receivables for the fiscal year that ended in Sep. 2022 was R-63 Mil. It means RFG Holdings's Accounts Receivable increased by R63 Mil from Sep. 2021 to Sep. 2022 .

RFG Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was R1,121 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. RFG Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 49.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RFG Holdings's liquidation value for the six months ended in Sep. 2023 was R-420 Mil.

RFG Holdings Change In Receivables Historical Data

The historical data trend for RFG 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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RFG Holdings Change In Receivables Chart

RFG Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Change In Receivables

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-43.51

-137.53

-53.73

-107.77

-62.72

RFG Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	11.65	-74.37	-44.86	57.04

RFG 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R12 Mil.

RFG Holdings (JSE:RFG) 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.

RFG Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1120.506	/	4108.244	*	91
=	49.78

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

RFG Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	34.689	-	2143.309	+	0.75 * 1120.506	+	0.5 * 1697.312
=	-420

RFG Holdings Change In Receivables Related Terms

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RFG Holdings (JSE:RFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RFG Holdings Ltd (JSE:RFG) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Pniel Road, Groot Drakenstein, Cape Town, WC, ZAF, 7680

Website

https://www.rfg.com

RFG Holdings Ltd is a South Africa based company engaged in supplying fresh, frozen, and convenience meal solutions. The product range offered by the company includes canned fruit, jam, vegetable and meat products, bottled salads, fruit juices and purees, fresh ready meals, pies, pastries, bakery, and dairy products. The business operates under two divisions namely, Long life foods and Fresh products. Long life foods division, which includes canned fruits and vegetables, jams, bottled salads, fruit juice, fruit purees, baby food, and canned meat, contributes majorly to the group's revenue. The company's reportable segments include, Regional which is the key revenue generating segment, and International.