Altron (JSE:AEL) Change In Receivables : R0 Mil (TTM As of Feb. 2024)

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What is Altron Change In Receivables?

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

Altron's change in receivables for the fiscal year that ended in Feb. 2024 was R358 Mil. It means Altron's Accounts Receivable declined by R358 Mil from Feb. 2023 to Feb. 2024 .

Altron's Accounts Receivable for the quarter that ended in Feb. 2024 was R1,622 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. Altron's Days Sales Outstanding for the six months ended in Feb. 2024 was 75.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Altron's liquidation value for the six months ended in Feb. 2024 was R-2,680 Mil.

Altron Change In Receivables Historical Data

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

Altron Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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-954.00

-1,174.00

332.00

3.00

358.00

Altron Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Altron 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 Mil.

Altron (JSE:AEL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1622	/	3929	*	91
=	75.34

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

Altron'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)
=	1037	-	5286	+	0.75 * 1622	+	0.5 * 706
=	-2,680

Altron Change In Receivables Related Terms

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Altron (JSE:AEL) Business Description

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RY7A:Germany

Address

20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191

Website

https://www.altron.com

Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.