Afristrat Investment Holdings (JSE:ATI) Accounts Receivable : R6.71 Mil (As of Sep. 2021)

Afristrat Investment Holdings Accounts Receivable Chart

Afristrat Investment Holdings Annual Data
	Trend	Jun09	Jun10	Sep11	Dec12	Dec13	Dec14	Dec15	Mar18	Jun19	Mar21
Accounts Receivable		Get a 7-Day Free Trial					-	40.38	50.98	39.12	12.00

Afristrat Investment Holdings Semi-Annual Data
	Jun05	Jun06	Jun08	Jun09	Jun10	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Sep17	Mar18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21
Accounts Receivable	Get a 7-Day Free Trial															39.12	18.99	-	12.00	6.71

Afristrat Investment Holdings Accounts Receivable Calculation

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

Afristrat Investment Holdings 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.

Afristrat Investment Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

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

Afristrat Investment Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is calculated as:

* 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.

Afristrat Investment Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Afristrat Investment Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Afristrat Investment Holdings (JSE:ATI) Business Description