Sail Mining Group (JSE:SGP) Change In Receivables: R0 Mil (TTM As of Aug. 2021)

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What is Sail Mining Group Change In Receivables?

Sail Mining Group JSE:SGP Change In Receivables is R0 Mil as of Aug. 2021.

Sail Mining Group's change in receivables for the quarter that ended in Aug. 2021 was R0 Mil. It means Sail Mining Group's Accounts Receivable stayed the same from Feb. 2021 to Aug. 2021 .

Sail Mining Group's change in receivables for the fiscal year that ended in Feb. 2021 was R13 Mil. It means Sail Mining Group's Accounts Receivable declined by R13 Mil from Feb. 2020 to Feb. 2021 .

Sail Mining Group's Accounts Receivable for the quarter that ended in Aug. 2021 was R81 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. Sail Mining Group's Days Sales Outstanding for the six months ended in Aug. 2021 was 37.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sail Mining Group's liquidation value for the six months ended in Aug. 2021 was R-1,217 Mil.

Sail Mining Group  (JSE:SGP) 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.

Sail Mining Group's Days Sales Outstanding for the quarter that ended in Aug. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=80.986/394.908*91
=37.43

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

Sail Mining Group's liquidation value for the quarter that ended in Aug. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.035-1347.283+0.75 * 80.986+0.5 * 131.413
=-1,217

* 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.

Sail Mining Group Change In Receivables Related Terms

Sail Mining Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sail Mining 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.

Sail Mining Group Change In Receivables Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 25.20 -28.69 -76.28 12.95

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sail Mining 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 Aug. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of R0 Mil mean?
Sail Mining Group (JSE:SGP) has a Change In Receivables of R0 Mil as of Aug. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sail Mining Group and its competitors.
Is Sail Mining Group's Change In Receivables too high?
Sail Mining Group's current Change In Receivables is R0 Mil.
How does Sail Mining Group's Change In Receivables compare to BHPBF?
Sail Mining Group's Change In Receivables of R0 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sail Mining Group and its competitors. Sail Mining Group's current Change In Receivables is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Change In Receivables of R0 Mil. The current Change In Receivables is R0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Sail Mining Group (JSE:SGP), the current Change In Receivables is R0 Mil as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.