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CBZ Holdings (XZIM:CBZ.ZW) Accounts Receivable : ZWL0 Mil (As of Dec. 2023)


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What is CBZ Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CBZ Holdings's accounts receivables for the quarter that ended in Dec. 2023 was ZWL0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CBZ Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. CBZ Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ZWL-6,959.51.


CBZ Holdings Accounts Receivable Historical Data

The historical data trend for CBZ 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.

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CBZ Holdings Accounts Receivable Chart

CBZ Holdings Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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CBZ Holdings Semi-Annual Data
Dec11 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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CBZ Holdings Accounts Receivable Calculation

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


CBZ 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.

CBZ Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1036154.369*91
=0.00

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

CBZ Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2185350.698+0.75 * 0+0.5 * 0-6514583.006
-0-60.508)/622.069
=-6,959.51

* 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.


CBZ Holdings Accounts Receivable Related Terms

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CBZ Holdings (XZIM:CBZ.ZW) Business Description

Traded in Other Exchanges
N/A
Address
5 Campbell Road, Pomona, Borrowdale, Harare, ZWE
CBZ Holdings Ltd is a Zimbabwe-based financial services company. The company's operating segments include Banking Operations; Mortgage finance; Asset management; Insurance operations; Property investment; Agro business; Micro Finance and Other operations. It generates maximum revenue from the Banking Operations segment. The Banking Operations segment provides commercial banking products through retail banking corporate and merchant banking and investment portfolios through the treasury function.

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