Tanga Cement (DAR:TCPLC) Accounts Receivable: TZS0.00 Mil (As of . 20)

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DAR:TCPLC Tanga Cement PLC DAR:TCPLC
30 GF Score
Price TZS3,710.00
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What is Tanga Cement Accounts Receivable?

Tanga Cement DAR:TCPLC +3.10% 30 Accounts Receivable is TZS0.00 Mil as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 30/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tanga Cement's accounts receivables for the quarter that ended in . 20 was TZS0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tanga Cement's Net-Net Working Capital per share for the quarter that ended in . 20 was TZSN/A.

Tanga Cement 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.

Tanga Cement's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Tanga Cement's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.

Tanga Cement Accounts Receivable Related Terms

Tanga Cement Accounts Receivable Historical Data

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The historical data trend for Tanga Cement'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.

Tanga Cement Accounts Receivable Chart

Tanga Cement Annual Data
Trend
Accounts Receivable

Tanga Cement Semi-Annual Data
Accounts Receivable
DAR:TCPLC
30GF Score
Tanga Cement PLC DAR:TCPLC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanga Cement Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of TZS0.00 Mil mean?
Tanga Cement (DAR:TCPLC) has a Accounts Receivable of TZS0.00 Mil as of . 20. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tanga Cement and its competitors.
Is Tanga Cement's Accounts Receivable too high?
Tanga Cement's current Accounts Receivable is TZS0.00 Mil. Overall, Tanga Cement has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Accounts Receivable compare to ?
Tanga Cement's Accounts Receivable of TZS0.00 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Building Materials company?
A good Accounts Receivable depends on the Building Materials industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tanga Cement and its competitors. Tanga Cement's current Accounts Receivable is TZS0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Accounts Receivable of TZS0.00 Mil. The current Accounts Receivable is TZS0.00 Mil. Tanga Cement's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Tanga Cement (DAR:TCPLC), the current Accounts Receivable is TZS0.00 Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

TZS3,710.00
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