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Kenya Orchards (NAI:ORCH) Accounts Receivable : KES0.00 Mil (As of . 20)


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What is Kenya Orchards Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kenya Orchards's accounts receivables for the quarter that ended in . 20 was KES0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kenya Orchards's Net-Net Working Capital per share for the quarter that ended in . 20 was KESN/A.


Kenya Orchards Accounts Receivable Historical Data

The historical data trend for Kenya Orchards'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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Kenya Orchards Accounts Receivable Chart

Kenya Orchards Annual Data
Trend
Accounts Receivable

Kenya Orchards Semi-Annual Data
Accounts Receivable

Kenya Orchards Accounts Receivable Calculation

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


Kenya Orchards 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.

Kenya Orchards's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Kenya Orchards's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Kenya Orchards Accounts Receivable Related Terms

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Kenya Orchards Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
General Mathenge Drive, Adabu House, P.O.Box 52234-00200, Westlands, Nairobi, KEN
Website
Kenya Orchards Ltd is a Kenya-based company engaged in the farming sector. Its principal activities are selling processed fruits, vegetables, and other food products. The company also produces a range of spices and seasoning. Products in its bottled range include fruit jams, tomato paste, tomato sauce, maple syrup, mayonnaise, custard powder, white vinegar used as a meat tenderizer and corn starch.

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