Africa Bitcoin (JSE:BAC) Accounts Receivable: R1.98 Mil (As of Feb. 2026)

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JSE:BAC Africa Bitcoin Corp Ltd JSE:BAC
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What is Africa Bitcoin Accounts Receivable?

Africa Bitcoin JSE:BAC -15.10% 7 Accounts Receivable is R1.98 Mil as of Feb. 2026. GuruFocus rates JSE:BAC with a GF Score™ of 7/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Africa Bitcoin's accounts receivables for the quarter that ended in Feb. 2026 was R1.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Africa Bitcoin's Days Sales Outstanding for the quarter that ended in Feb. 2026 was 41.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Africa Bitcoin's Net-Net Working Capital per share for the quarter that ended in Feb. 2026 was R-5.85.


Africa Bitcoin 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.

Africa Bitcoin's Days Sales Outstanding for the quarter that ended in Feb. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.984/8.733*91
=41.46

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

Africa Bitcoin's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2026 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)
=(0.111+0.75 * 1.984+0.5 * 0-201.138
-0-0)/34.106
=-5.85

* 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.


Africa Bitcoin Accounts Receivable Related Terms


Africa Bitcoin Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Africa Bitcoin'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.

Africa Bitcoin Accounts Receivable Chart

Africa Bitcoin Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Accounts Receivable
0.33 0.22 0.00 0.00 1.98

Africa Bitcoin Semi-Annual Data
Feb22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
Accounts Receivable Get a 7-Day Free Trial 0.00 0.00 0.00 0.83 1.98
JSE:BAC
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Africa Bitcoin Corp Ltd JSE:BAC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Bitcoin 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 R1.98 Mil mean?
Africa Bitcoin (JSE:BAC) has a Accounts Receivable of R1.98 Mil as of Feb. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Africa Bitcoin and its competitors.
Is Africa Bitcoin's Accounts Receivable too high?
Africa Bitcoin's current Accounts Receivable is R1.98 Mil. Overall, Africa Bitcoin has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Africa Bitcoin's Accounts Receivable compare to BLK and BX?
Africa Bitcoin's Accounts Receivable of R1.98 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Africa Bitcoin and its competitors. Africa Bitcoin's current Accounts Receivable is R1.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Bitcoin stock overvalued right now?
Africa Bitcoin (JSE:BAC) has a current Accounts Receivable of R1.98 Mil. The current Accounts Receivable is R1.98 Mil. Africa Bitcoin's overall GF Score™ is 7/100 with 3 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 Africa Bitcoin (JSE:BAC), the current Accounts Receivable is R1.98 Mil as of Feb. 2026. 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.

Africa Bitcoin Business Description

Address 66 Rivonia Road, Block B, Chislehurston, Sandton, GT, ZAF, 2146
Africa Bitcoin Corp Ltd is an African financial services group that provides a private credit platform with a Bitcoin treasury strategy. It provides secured lending to small and medium-sized enterprises, generating cash flows. The company combines income generation with balance sheet growth while addressing funding gaps and delivering measurable social impact.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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