Nictus Holdings (NAM:NHL) Change In Receivables : R0.0 Mil (TTM As of Dec. 2023)

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What is Nictus Holdings Change In Receivables?

Nictus Holdings's change in receivables for the quarter that ended in Dec. 2023 was R0.0 Mil. It means Nictus Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Nictus Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was R-282.4 Mil. It means Nictus Holdings's Accounts Receivable increased by R282.4 Mil from Jun. 2022 to Jun. 2023 .

Nictus Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was R142.8 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. Nictus Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nictus Holdings's liquidation value for the six months ended in Dec. 2023 was R-855.9 Mil.

Nictus Holdings Change In Receivables Historical Data

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

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Change In Receivables

-10.03

23.86

-282.41

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Nictus 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.0 Mil.

Nictus Holdings (NAM:NHL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	142.839	/	473.515	*	91
=	55.05

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	503.237	-	1554.506	+	0.75 * 142.839	+	0.5 * 176.576
=	-855.9

Nictus Holdings Change In Receivables Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

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