Presco (NSA:PRESCO) Change In Receivables : ₦-11,429 Mil (TTM As of Sep. 2024)

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What is Presco Change In Receivables?

Presco's change in receivables for the quarter that ended in Sep. 2024 was ₦-15,100 Mil. It means Presco's Accounts Receivable increased by ₦15,100 Mil from Jun. 2024 to Sep. 2024 .

Presco's change in receivables for the fiscal year that ended in Dec. 2023 was ₦-9,016 Mil. It means Presco's Accounts Receivable increased by ₦9,016 Mil from Dec. 2022 to Dec. 2023 .

Presco's Accounts Receivable for the quarter that ended in Sep. 2024 was ₦26,659 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. Presco's Days Sales Outstanding for the three months ended in Sep. 2024 was 59.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Presco's liquidation value for the three months ended in Sep. 2024 was ₦-67,421 Mil.

Presco Change In Receivables Historical Data

The historical data trend for Presco'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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Presco Change In Receivables Chart

Presco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,803.23

-93.10

-177.45

2,809.92

-9,016.20

Presco Quarterly Data
	Dec17	Dec18	Mar19	Dec19	Mar20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-7,781.71	-1,044.48	-19,878.41	24,594.62	-15,100.45

Presco 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-11,429 Mil.

Presco (NSA:PRESCO) 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.

Presco's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26659.074	/	40547.893	*	91
=	59.99

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

Presco's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11459.226	-	122731.415	+	0.75 * 26659.074	+	0.5 * 47713.498
=	-67,421

Presco Change In Receivables Related Terms

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Presco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Presco PLC (NSA:PRESCO) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Km 22 Benin / Sapele Road, Ikpoba-Okha Local Government Area, Obaretin Estate, Benin City, Edo State, NGA

Website

http://www.presco-plc.com

Presco PLC is engaged in the cultivation of oil palms and the extraction, refining and fractioning of crude palm oil into vegetable oil and palm stearin. It produces specialty fats and oils. The company's products include Special Palm Oil, Refined, Bleached and Deodorised Palm Oil, palm olein, palm stearin, palm fatty acid distillate, palm kernel oil (crude and refined), and palm kernel cake. It generates revenue from the sales of crude and refined products , Sales of Fresh Fruit Bunches, and Mill by-products. Geographically the group has a business presence in Nigeria and Germany, of which key revenue is derived from operations within Nigeria.

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