Trustco Group Holdings (JSE:TTO) Change In Receivables : R0.00 Mil (TTM As of Feb. 2024)

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What is Trustco Group Holdings Change In Receivables?

Trustco Group Holdings's change in receivables for the quarter that ended in Feb. 2024 was R0.00 Mil. It means Trustco Group Holdings's Accounts Receivable stayed the same from Aug. 2023 to Feb. 2024 .

Trustco Group Holdings's change in receivables for the fiscal year that ended in Aug. 2023 was R21.03 Mil. It means Trustco Group Holdings's Accounts Receivable declined by R21.03 Mil from Aug. 2022 to Aug. 2023 .

Trustco Group Holdings's Accounts Receivable for the quarter that ended in Feb. 2024 was R28.04 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. Trustco Group Holdings's Days Sales Outstanding for the six months ended in Feb. 2024 was 300.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trustco Group Holdings's liquidation value for the six months ended in Feb. 2024 was R-2,596.11 Mil.

Trustco Group Holdings Change In Receivables Historical Data

The historical data trend for Trustco Group 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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Trustco Group Holdings Change In Receivables Chart

Trustco Group Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Aug22

Aug23

Change In Receivables

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77.50

125.34

-171.27

21.03

Trustco Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Trustco Group 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 Mil.

Trustco Group Holdings (JSE:TTO) 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.

Trustco Group Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	28.044	/	17.027	*	91
=	300.58

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

Trustco Group Holdings's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	17.027	-	2634.172	+	0.75 * 28.044	+	0.5 * 0
=	-2,596.11

Trustco Group Holdings Change In Receivables Related Terms

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Trustco Group Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trustco Group Holdings Ltd (JSE:TTO) » Definitions » Change In Receivables

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Address

2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM

Website

https://www.tgh.na

Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.

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