Tongaat Hulett (JSE:TON) Change In Receivables: R-156 Mil (TTM As of Sep. 2021)

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JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett Change In Receivables?

Tongaat Hulett JSE:TON 11 Change In Receivables is R-156 Mil as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

Tongaat Hulett's change in receivables for the quarter that ended in Sep. 2021 was R-65 Mil. It means Tongaat Hulett's Accounts Receivable increased by R65 Mil from Mar. 2021 to Sep. 2021 .

Tongaat Hulett's change in receivables for the fiscal year that ended in Mar. 2021 was R-854 Mil. It means Tongaat Hulett's Accounts Receivable increased by R854 Mil from Mar. 2020 to Mar. 2021 .

Tongaat Hulett's Accounts Receivable for the quarter that ended in Sep. 2021 was R1,891 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. Tongaat Hulett's Days Sales Outstanding for the six months ended in Sep. 2021 was 41.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tongaat Hulett's liquidation value for the six months ended in Sep. 2021 was R-10,010 Mil.

Tongaat Hulett  (JSE:TON) 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.

Tongaat Hulett's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1891/8418*91
=41.00

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

Tongaat Hulett's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=599-15830+0.75 * 1891+0.5 * 7605
=-10,010

* 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.

Tongaat Hulett Change In Receivables Related Terms

Tongaat Hulett Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tongaat Hulett'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.

Tongaat Hulett Change In Receivables Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 288.00 -52.00 -114.00 -361.00 -854.00

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 -356.00 -5.00 -763.00 -91.00 -65.00
JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-156 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 R-156 Mil mean?
Tongaat Hulett (JSE:TON) has a Change In Receivables of R-156 Mil as of Sep. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tongaat Hulett and its competitors.
Is Tongaat Hulett's Change In Receivables too high?
Tongaat Hulett's current Change In Receivables is R-156 Mil. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Change In Receivables compare to MDLZ and HSY?
Tongaat Hulett's Change In Receivables of R-156 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Tongaat Hulett and its competitors. Tongaat Hulett's current Change In Receivables is R-156 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Change In Receivables of R-156 Mil. The current Change In Receivables is R-156 Mil. Tongaat Hulett's overall GF Score™ is 11/100. 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 Tongaat Hulett (JSE:TON), the current Change In Receivables is R-156 Mil as of Sep. 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.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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