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Afriprise Investment (DAR:TICL) Accounts Receivable : TZS0.00 Mil (As of . 20)


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What is Afriprise Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Afriprise Investment'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. Afriprise Investment's Net-Net Working Capital per share for the quarter that ended in . 20 was TZSN/A.


Afriprise Investment Accounts Receivable Historical Data

The historical data trend for Afriprise Investment'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.

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Afriprise Investment Accounts Receivable Chart

Afriprise Investment Annual Data
Trend
Accounts Receivable

Afriprise Investment Semi-Annual Data
Accounts Receivable

Afriprise Investment Accounts Receivable Calculation

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


Afriprise Investment 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.

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

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

Afriprise Investment'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.


Afriprise Investment Accounts Receivable Related Terms

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Afriprise Investment Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Bagamoyo road, P.O. Box 72678, PSSSF Millennium Tower II, 24th Floor, Kijitonyama, Opposite Makumbusho Village, Dar es Salaam, TZA
Tccia Investment PLC is mainly engaged in mobilizing and channelizing of financial resources from its shareholders into viable investments. The company invests in two categories including Short-term and Long-term investments in money markets, government securities, microfinance, corporate bonds, real estate, equities, and service industries.

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