Africa Resources AB (NGM:AFRI) Accounts Receivable: kr0.00 Mil (As of Mar. 2026)

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NGM:AFRI Africa Resources AB NGM:AFRI
28 GF Score
Price kr0.15
GF Value kr0.57
Valuation Possible Value Trap
! 3 Warning Signs
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What is Africa Resources AB Accounts Receivable?

Africa Resources AB NGM:AFRI +3.55% 28 Accounts Receivable is kr0.00 Mil as of Mar. 2026. GuruFocus rates NGM:AFRI with a GF Score™ of 28/100 and a GF Value™ of kr0.57 (Possible Value Trap). 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 Resources AB's accounts receivables for the quarter that ended in Mar. 2026 was kr0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Africa Resources AB's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Africa Resources AB's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was kr-0.21.

Africa Resources AB 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 Resources AB's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.72*91
=0.00

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

Africa Resources AB's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.018+0.75 * 0+0.5 * 0-7.134
-0-0)/33.553
=-0.21

* 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 Resources AB Accounts Receivable Related Terms

Africa Resources AB Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Africa Resources AB'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 Resources AB Accounts Receivable Chart

Africa Resources AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Africa Resources AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
NGM:AFRI
28GF Score
Africa Resources AB NGM:AFRI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Africa Resources AB 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 kr0.00 Mil mean?
Africa Resources AB (NGM:AFRI) has a Accounts Receivable of kr0.00 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Africa Resources AB and its competitors.
Is Africa Resources AB's Accounts Receivable too high?
Africa Resources AB's current Accounts Receivable is kr0.00 Mil. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's Accounts Receivable compare to HL and SIND?
Africa Resources AB's Accounts Receivable of kr0.00 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Resources AB and its competitors. Africa Resources AB's current Accounts Receivable is kr0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.15 — trading 74.4% below its estimated fair value. The current Accounts Receivable is kr0.00 Mil. Africa Resources AB's overall GF Score™ is 28/100 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 Resources AB (NGM:AFRI), the current Accounts Receivable is kr0.00 Mil as of Mar. 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.

Is Africa Resources AB (NGM:AFRI) Overvalued in 2026?

Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued. The current stock price of kr0.15 is trading 74.4% below its estimated GF Value™ of kr0.57. GuruFocus considers Africa Resources AB to be Possible Value Trap.

Key valuation signals for NGM:AFRI:

  • Accounts Receivable: kr0.00 Mil
  • GF Value™: kr0.57 vs. price of kr0.15 (74.4% below fair value)
  • GF Score™: 28/100 with 3 warning signs

No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Africa Resources AB Business Description

Address Engelbrektsgatan 7, 1 trp, Stockholm, SWE, 11432
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
28GF Score

Get the complete analysis for NGM:AFRI

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.15
Price
kr0.57
GF Value