Afrocentric Investment (JSE:ACT) Accounts Receivable: R305 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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JSE:ACT Afrocentric Investment Corp Ltd JSE:ACT
52 GF Score
Price R0.77
GF Value R2.05
Valuation Possible Value Trap
! 6 Warning Signs
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What is Afrocentric Investment Accounts Receivable?

Afrocentric Investment JSE:ACT -6.10% 52 Accounts Receivable is R305 Mil as of Dec. 2025. GuruFocus rates JSE:ACT with a GF Score™ of 52/100 and a GF Value™ of R2.05 (Possible Value Trap). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Afrocentric Investment's accounts receivables for the quarter that ended in Dec. 2025 was R305 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Afrocentric Investment's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 17.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Afrocentric Investment's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was R-1.67.


Afrocentric 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.

Afrocentric Investment's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=304.767/3092.104*91
=17.99

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

Afrocentric Investment's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(626.832+0.75 * 304.767+0.5 * 107.305-2237.445
-0-40.225)/817.629
=-1.67

* 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.


Afrocentric Investment Accounts Receivable Related Terms


Afrocentric Investment Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Afrocentric 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.

Afrocentric Investment Accounts Receivable Chart

Afrocentric Investment Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 387.10 724.32 585.72 454.37 304.77

Afrocentric Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 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 776.01 454.37 454.37 711.80 304.77
JSE:ACT
52GF Score
Afrocentric Investment Corp Ltd JSE:ACT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrocentric Investment 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 R305 Mil mean?
Afrocentric Investment (JSE:ACT) has a Accounts Receivable of R305 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Afrocentric Investment and its competitors.
Is Afrocentric Investment's Accounts Receivable too high?
Afrocentric Investment's current Accounts Receivable is R305 Mil. Overall, Afrocentric Investment has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Afrocentric Investment's Accounts Receivable compare to HCA and THC?
Afrocentric Investment's Accounts Receivable of R305 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services 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 Afrocentric Investment and its competitors. Afrocentric Investment's current Accounts Receivable is R305 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrocentric Investment stock overvalued right now?
Based on GuruFocus' analysis, Afrocentric Investment (JSE:ACT) is currently considered Possible Value Trap. The stock's GF Value™ is R2.05, compared to a current price of R0.77 — trading 62.4% below its estimated fair value. The current Accounts Receivable is R305 Mil. Afrocentric Investment's overall GF Score™ is 52/100 with 6 warning signs to review. 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 Afrocentric Investment (JSE:ACT), the current Accounts Receivable is R305 Mil as of Dec. 2025. 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.

Is Afrocentric Investment (JSE:ACT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrocentric Investment stock appears to be undervalued. The current stock price of R0.77 is trading 62.4% below its estimated GF Value™ of R2.05. GuruFocus considers Afrocentric Investment to be Possible Value Trap.

Key valuation signals for JSE:ACT:

  • Accounts Receivable: R305 Mil
  • GF Value™: R2.05 vs. price of R0.77 (62.4% below fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the JSE:ACT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Afrocentric Investment Business Description

Address 37 Conrad Road, Florida North, Roodepoort, ZAF, 1709
Afrocentric Investment Corp Ltd is an investment holding company providing specialised services and products to the public and private healthcare sectors. It focuses on making quality healthcare accessible and affordable to members and beneficiaries, with the principal objective of ensuring the delivery of efficient health management services and the distribution of quality products. Its business segments include Healthcare SA, comprising medical scheme administration and health risk management services; Healthcare Retail, comprising pharmaceutical sales and services; Healthcare Africa, comprising healthcare services outside South Africa in Namibia and Mauritius; and IT-related services predominantly within South Africa. It operates across South Africa, Botswana, Mauritius, and Namibia.
52GF Score

Get the complete analysis for JSE:ACT

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R0.77
Price
R2.05
GF Value