GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Canaf Investments Inc (TSXV:CAF) » Definitions » Accounts Receivable

Canaf Investments (TSXV:CAF) Accounts Receivable : C$3.27 Mil (As of Jul. 2024)


View and export this data going back to 1965. Start your Free Trial

What is Canaf Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canaf Investments's accounts receivables for the quarter that ended in Jul. 2024 was C$3.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Canaf Investments's Days Sales Outstanding for the quarter that ended in Jul. 2024 was 32.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Canaf Investments's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was C$0.12.


Canaf Investments Accounts Receivable Historical Data

The historical data trend for Canaf Investments's Accounts Receivable 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.

Canaf Investments Accounts Receivable Chart

Canaf Investments Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 1.73 1.57 3.02 4.05

Canaf Investments Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Accounts Receivable 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 3.56 4.05 4.01 2.32 3.27

Canaf Investments Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Canaf Investments Accounts Receivable 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 receivables are being managed.

Canaf Investments's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.267/9.276*91
=32.14

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Canaf Investments's accounts receivable are only considered to be worth 75% of book value:

Canaf Investments's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.308+0.75 * 3.267+0.5 * 1.394-3.337
-0-1.208)/47.4262
=0.12

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Canaf Investments Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Canaf Investments's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Canaf Investments Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments are head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
Executives
Monita Faris Director
Christopher Robert Way Director, Senior Officer