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Ariston Holdings (XZIM:ARIS.ZW) Accounts Receivable : ZWL996 Mil (As of Mar. 2024)


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What is Ariston Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ariston Holdings's accounts receivables for the quarter that ended in Mar. 2024 was ZWL996 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ariston Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 232.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ariston Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ZWL-2.73.


Ariston Holdings Accounts Receivable Historical Data

The historical data trend for Ariston Holdings'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.

Ariston Holdings Accounts Receivable Chart

Ariston Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,054.01 17,504.55 13,615.11 1,257,674.10 1,123,230.21

Ariston Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 38,789.37 1,257,674.10 686,224.80 1,123,230.21 996.27

Ariston Holdings Accounts Receivable Calculation

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


Ariston Holdings 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.

Ariston Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=996.267/781.815*91
=232.56

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

Ariston Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(104.006+0.75 * 996.267+0.5 * 1387.819-5985.652
-0-0)/1627.4
=-2.73

* 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.


Ariston Holdings Accounts Receivable Related Terms

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Ariston Holdings (XZIM:ARIS.ZW) Business Description

Traded in Other Exchanges
N/A
Address
18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE
Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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