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Bamburi Cement (NAI:BAMB) Accounts Receivable : KES1,595 Mil (As of Dec. 2022)


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What is Bamburi Cement Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bamburi Cement's accounts receivables for the quarter that ended in Dec. 2022 was KES1,595 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bamburi Cement's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 15.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bamburi Cement's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was KES-36.22.


Bamburi Cement Accounts Receivable Historical Data

The historical data trend for Bamburi Cement'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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Bamburi Cement Accounts Receivable Chart

Bamburi Cement Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,292.00 2,279.00 1,610.00 1,649.00 1,595.00

Bamburi Cement Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 1,610.00 - 1,649.00 - 1,595.00

Bamburi Cement Accounts Receivable Calculation

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


Bamburi Cement 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.

Bamburi Cement's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1595/18865*91
=15.43

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

Bamburi Cement's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(4283+0.75 * 1595+0.5 * 6832-17812
-0-4231)/362.959
=-36.22

* 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.


Bamburi Cement Accounts Receivable Related Terms

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Bamburi Cement (NAI:BAMB) Business Description

Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 10921, Industrial Area, Nairobi, KEN, 00100
Bamburi Cement Ltd is engaged in the manufacture and sale of cement and cement-related products. The company is organized into two main geographical segments: Kenya and Uganda. Both geographical features are involved in the manufacture and sale of cement and also include the manufacture and sale of ready-mix concrete, precast products, and rehabilitation of quarries that are used as a source of raw materials for cement production. Its products include Nguvu, PowerMax, PowerPlus, Powercrete, Tembo, Fundi, Duracem, Powerwhite, Paving Blocks, Drainage, Edge Restraints, and others. Bamburi also owns and manages a nature and environmental park created from rehabilitated quarries. Geographically company generates a majority of its revenue from Kenya.

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