Aluworks (XGHA:ALW) Accounts Receivable: GHS0.40 Mil (As of Dec. 2020)

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What is Aluworks Accounts Receivable?

Aluworks XGHA:ALW Accounts Receivable is GHS0.40 Mil as of Dec. 2020.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aluworks's accounts receivables for the quarter that ended in Dec. 2020 was GHS0.40 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aluworks's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 1.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aluworks's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was GHS-0.94.

Aluworks 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.

Aluworks's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.398/68.975*91
=1.05

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

Aluworks's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(0.141+0.75 * 0.398+0.5 * 12.191-230.081
-0-0)/236.687
=-0.94

* 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.

Aluworks Accounts Receivable Related Terms

Aluworks Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Aluworks'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.

Aluworks Accounts Receivable Chart

Aluworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial 1.34 1.37 0.56 0.74 0.40

Aluworks Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable Get a 7-Day Free Trial 1.34 1.37 0.56 0.74 0.40

Aluworks 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 GHS0.40 Mil mean?
Aluworks (XGHA:ALW) has a Accounts Receivable of GHS0.40 Mil as of Dec. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Aluworks and its competitors.
Is Aluworks' Accounts Receivable too high?
Aluworks' current Accounts Receivable is GHS0.40 Mil.
How does Aluworks' Accounts Receivable compare to AA?
Aluworks' Accounts Receivable of GHS0.40 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 Aluworks and its competitors. Aluworks's current Accounts Receivable is GHS0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluworks stock overvalued right now?
Aluworks (XGHA:ALW) has a current Accounts Receivable of GHS0.40 Mil. The current Accounts Receivable is GHS0.40 Mil. 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 Aluworks (XGHA:ALW), the current Accounts Receivable is GHS0.40 Mil as of Dec. 2020. 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.

Aluworks Business Description

Address Plot No. 63/1, Heavy Industrial Area, P. O. Box CO 914, Greater Accra, Tema, GHA
Aluworks Ltd is engaged in continuous casting and cold rolling of aluminum products. The company manufactures aluminum coils, circles, corrugated sheets, and flat sheets. It acts as a supplier of aluminum coils, discs, flat sheets and sheet-in-coil as raw materials for many small and medium-scale factories manufacturing aluminum household cooking utensils, corrugated roofing sheets, and general fabrication. The company generates the majority of its revenue from Ghana.