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Anglogold Ashanti Ltd  (NYSE:AU) Change In Receivables: $-95 Mil (As of Jun. 2017)

Anglogold Ashanti Ltd's change in receivables for the quarter that ended in Jun. 2017 was $-95 Mil. It means Anglogold Ashanti Ltd's Accounts Receivable declined by $95 Mil from Dec. 2016 to Jun. 2017 .

Anglogold Ashanti Ltd's change in receivables for the fiscal year that ended in Dec. 2016 was $-131 Mil. It means Anglogold Ashanti Ltd's Accounts Receivable declined by $131 Mil from Dec. 2015 to Dec. 2016 .

Anglogold Ashanti Ltd's Accounts Receivable for the quarter that ended in Jun. 2017 was $287 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. Anglogold Ashanti Ltd's Days Sales Outstanding for the six months ended in Jun. 2017 was 25.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Anglogold Ashanti Ltd's liquidation value for the six months ended in Jun. 2017 was $-3,851 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Anglogold Ashanti Ltd Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -110.00 69.00 52.00 108.00 -131.00

Anglogold Ashanti Ltd Semi-Annual Data

Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 72.00 36.00 -50.00 -81.00 -95.00

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.


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.

Anglogold Ashanti Ltd's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=287/2034*91
=25.75

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

Anglogold Ashanti Ltd's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=171-4578+0.75 * 287+0.5 * 681
=-3,851

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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