Guinness Nigeria (NSA:GUIN) Change In Receivables : ₦-11,521 Mil (TTM As of Sep. 2023)

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What is Guinness Nigeria Change In Receivables?

Guinness Nigeria's change in receivables for the quarter that ended in Sep. 2023 was ₦-16,594 Mil. It means Guinness Nigeria's Accounts Receivable increased by ₦16,594 Mil from Jun. 2023 to Sep. 2023 .

Guinness Nigeria's change in receivables for the fiscal year that ended in Jun. 2023 was ₦856 Mil. It means Guinness Nigeria's Accounts Receivable declined by ₦856 Mil from Jun. 2022 to Jun. 2023 .

Guinness Nigeria's Accounts Receivable for the quarter that ended in Sep. 2023 was ₦14,600 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. Guinness Nigeria's Days Sales Outstanding for the three months ended in Sep. 2023 was 22.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guinness Nigeria's liquidation value for the three months ended in Sep. 2023 was ₦-80,608 Mil.

Guinness Nigeria Change In Receivables Historical Data

The historical data trend for Guinness Nigeria'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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Guinness Nigeria Change In Receivables Chart

Guinness Nigeria Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-2,119.26

6,941.49

4,222.43

300.44

856.39

Guinness Nigeria Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-4,216.56	1,293.76	-4,157.46	7,936.64	-16,593.71

Guinness Nigeria 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-11,521 Mil.

Guinness Nigeria (NSA:GUIN) 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.

Guinness Nigeria's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14599.948	/	59536.477	*	91
=	22.38

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

Guinness Nigeria's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	76323.062	-	185344.984	+	0.75 * 14599.948	+	0.5 * 34926.999
=	-80,608

Guinness Nigeria Change In Receivables Related Terms

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Guinness Nigeria (NSA:GUIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Guinness Nigeria PLC (NSA:GUIN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

Cocoa Industries Road, Ikeja, Lagos, Ikeja, Lagos, NGA, 21071

Website

https://www.guinness-nigeria.com

Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Extra Smooth, Malta Guinness, Malta Guinness Low Sugar, Harp Lager, Smirnoff Ice, Satazenbrau Lager, Snapp, Orijin Spirit Mixed Drink, Orijin Bitters, and many more. Geographically, it derives a majority of revenue from Nigeria.

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