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Argent Industrial (JSE:ART) Cash Receipts from Deposits by Banks and Customers


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What is Argent Industrial Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Argent Industrial (JSE:ART) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Cash Receipts from Deposits by Banks and Customers
Traded in Other Exchanges
N/A
Address
First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.