Africa Prudential (NSA:AFRIPRUD) Change In Receivables : ₦924.3 Mil (TTM As of Mar. 2024)

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What is Africa Prudential Change In Receivables?

Africa Prudential's change in receivables for the quarter that ended in Mar. 2024 was ₦-171.6 Mil. It means Africa Prudential's Accounts Receivable increased by ₦171.6 Mil from Dec. 2023 to Mar. 2024 .

Africa Prudential's change in receivables for the fiscal year that ended in Dec. 2023 was ₦-615.3 Mil. It means Africa Prudential's Accounts Receivable increased by ₦615.3 Mil from Dec. 2022 to Dec. 2023 .

Africa Prudential's Accounts Receivable for the quarter that ended in Mar. 2024 was ₦1,048.8 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. Africa Prudential's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,619.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Africa Prudential's liquidation value for the three months ended in Mar. 2024 was ₦6,172.4 Mil.

Africa Prudential Change In Receivables Historical Data

The historical data trend for Africa Prudential'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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Africa Prudential Change In Receivables Chart

Africa Prudential Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-290.08

-535.60

-464.85

-941.94

-615.31

Africa Prudential Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-499.56	-903.90	1,095.86	-	-171.56

Africa Prudential 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦924.3 Mil.

Africa Prudential (NSA:AFRIPRUD) 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.

Africa Prudential's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1048.848	/	59.087	*	91
=	1,619.77

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

Africa Prudential's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	20882.378	-	15496.618	+	0.75 * 1048.848	+	0.5 * 0
=	6,172.4

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Africa Prudential (NSA:AFRIPRUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Africa Prudential PLC (NSA:AFRIPRUD) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

220B, Ikorodu Road, Palmgrove, Lagos, NGA

Website

https://www.africaprudential.com

Africa Prudential PLC is an investor service and business solutions, provider. The company's competency in digital technology covers advanced Agile and other Software Development life Circle (SDLC) Methodologies, Cyber Security, Cloud Computing, Design thinking/product Development Labs, Blockchain technology, among others. The Company deploys Software as a Service ( SaaS) which are scalable for various sizes of organizations.

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