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Curro Holdings (JSE:COH) Change In Receivables : R0 Mil (TTM As of Dec. 2023)


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What is Curro Holdings Change In Receivables?

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

Curro Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was R-72 Mil. It means Curro Holdings's Accounts Receivable increased by R72 Mil from Dec. 2022 to Dec. 2023 .

Curro Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was R299 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. Curro Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Curro Holdings's liquidation value for the six months ended in Dec. 2023 was R-4,856 Mil.


Curro Holdings Change In Receivables Historical Data

The historical data trend for Curro 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.

* Premium members only.

Curro Holdings Change In Receivables Chart

Curro Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.00 -24.00 -17.00 -14.00 -72.00

Curro Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Curro 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 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.


Curro Holdings  (JSE:COH) 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.

Curro 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
=299/2339*91
=23.33

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

Curro 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)
=93-5182+0.75 * 299+0.5 * 17
=-4,856

* 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.


Curro Holdings Change In Receivables Related Terms

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Curro Holdings (JSE:COH) Business Description

Traded in Other Exchanges
N/A
Address
38 Oxford Street, Durbanville, Cape Town, ZAF, 7550
Curro Holdings Ltd is a South African education company that focuses on operating preschools, primary schools, and high schools. The company offers preschool through 12th-grade programs. It has two reportable segments - Curro Schools and Meridian Schools. It generates the majority of the revenue from the Curro Schools segment. Geographically, it operates in South Africa, Namibia, and Botswana.

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