GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Carreras Ltd (XJAM:CAR) » Definitions » Change In Receivables

Carreras (XJAM:CAR) Change In Receivables : JMD-813 Mil (TTM As of Mar. 2023)


View and export this data going back to 1969. Start your Free Trial

What is Carreras Change In Receivables?

Carreras's change in receivables for the quarter that ended in Mar. 2023 was JMD-813 Mil. It means Carreras's Accounts Receivable increased by JMD813 Mil from Mar. 2022 to Mar. 2023 .

Carreras's change in receivables for the fiscal year that ended in Mar. 2023 was JMD-813 Mil. It means Carreras's Accounts Receivable increased by JMD813 Mil from Mar. 2022 to Mar. 2023 .

Carreras's Accounts Receivable for the quarter that ended in Mar. 2023 was JMD1,992 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. Carreras's Days Sales Outstanding for the six months ended in Mar. 2023 was 22.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carreras's liquidation value for the six months ended in Mar. 2023 was JMD191 Mil.


Carreras Change In Receivables Historical Data

The historical data trend for Carreras'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.

* Premium members only.

Carreras Change In Receivables Chart

Carreras Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.42 -213.89 -356.17 -116.38 -813.23

Carreras Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 133.42 -213.89 -356.17 -116.38 -813.23

Carreras 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 was JMD-813 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.


Carreras  (XJAM:CAR) 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.

Carreras's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1992.033/16225.315*91
=22.41

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

Carreras's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1926.039-3459+0.75 * 1992.033+0.5 * 459.31
=191

* 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.


Carreras Change In Receivables Related Terms

Thank you for viewing the detailed overview of Carreras's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Carreras (XJAM:CAR) Business Description

Traded in Other Exchanges
N/A
Address
13A Ripon Road, Kingston, JAM, 5
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.