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Aferian (LSE:AFRN) Accounts Receivable : £2.60 Mil (As of Nov. 2024)


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What is Aferian Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aferian's accounts receivables for the quarter that ended in Nov. 2024 was £2.60 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aferian's Days Sales Outstanding for the quarter that ended in Nov. 2024 was 42.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aferian's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was £-0.15.


Aferian Accounts Receivable Historical Data

The historical data trend for Aferian'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.

* Premium members only.

Aferian Accounts Receivable Chart

Aferian Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 14.32 14.18 5.09 2.60

Aferian Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 14.18 10.78 5.09 4.31 2.60

Aferian Accounts Receivable Calculation

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


Aferian 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.

Aferian's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.597/11.097*91
=42.71

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

Aferian's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 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)
=(1.781+0.75 * 2.597+0.5 * 1.905-21.452
-0-0)/111.212
=-0.15

* 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.


Aferian Accounts Receivable Related Terms

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Aferian Business Description

Traded in Other Exchanges
Address
1010 Cambourne Business Park, Cambourne, Cambridge, England, GBR, CB23 6DP
Aferian PLC is a software-led, world-wide Media Technology company. It delivers modern TV experiences integrating streaming and PayTV services. Its Next-Generation technology platforms enable operators, broadcasters, and content owners to provide viewers the choice, usability, and convenience. Geographically, it operates in USA, Latin America, Netherlands, Rest of EMEA, EMEA, and Rest of the World. The company operates through three segments: the development and sale of video streaming devices and solutions, including licensing and support services (Amino); development and sale of the 24i end-to-end video streaming platform and associated services; and central costs which comprise the costs of the Board. It derives maximum revenue from 24i segment.

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