Sable Exploration And Mining (JSE:SXM) Change In Receivables: R0.00 Mil (TTM As of Aug. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sable Exploration And Mining Change In Receivables?

Sable Exploration And Mining JSE:SXM Change In Receivables is R0.00 Mil as of Aug. 2024.

Sable Exploration And Mining's change in receivables for the quarter that ended in Aug. 2024 was R0.00 Mil. It means Sable Exploration And Mining's Accounts Receivable stayed the same from Feb. 2024 to Aug. 2024 .

Sable Exploration And Mining's change in receivables for the fiscal year that ended in Feb. 2024 was R-0.65 Mil. It means Sable Exploration And Mining's Accounts Receivable increased by R0.65 Mil from Feb. 2023 to Feb. 2024 .

Sable Exploration And Mining's Accounts Receivable for the quarter that ended in Aug. 2024 was R0.79 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sable Exploration And Mining's liquidation value for the six months ended in Aug. 2024 was R-5.00 Mil.


Sable Exploration And Mining  (JSE:SXM) 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.

Sable Exploration And Mining's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.79/0*91
=

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

Sable Exploration And Mining's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.614-6.203+0.75 * 0.79+0.5 * 0
=-5.00

* 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.


Sable Exploration And Mining Change In Receivables Related Terms


Sable Exploration And Mining Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sable Exploration And Mining'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.

Sable Exploration And Mining Change In Receivables Chart

Sable Exploration And Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.08 1.66 -0.08 -0.65

Sable Exploration And Mining Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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

Sable Exploration And Mining 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 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 R0.00 Mil mean?
Sable Exploration And Mining (JSE:SXM) has a Change In Receivables of R0.00 Mil as of Aug. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sable Exploration And Mining and its competitors.
Is Sable Exploration And Mining's Change In Receivables too high?
Sable Exploration And Mining's current Change In Receivables is R0.00 Mil.
How does Sable Exploration And Mining's Change In Receivables compare to HL?
Sable Exploration And Mining's Change In Receivables of R0.00 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 Sable Exploration And Mining and its competitors. Sable Exploration And Mining's current Change In Receivables is R0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sable Exploration And Mining stock overvalued right now?
Sable Exploration And Mining (JSE:SXM) has a current Change In Receivables of R0.00 Mil. The current Change In Receivables is R0.00 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 Sable Exploration And Mining (JSE:SXM), the current Change In Receivables is R0.00 Mil as of Aug. 2024. 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.

Sable Exploration And Mining Business Description

Address 31 Imala Road, Building 4, Chistlehurston, Sandton, GT, ZAF, 2192
Sable Exploration And Mining Ltd is an investment and management company with trading subsidiaries engaged in the exploration, prospecting, development and mining of mineral resources.