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Dairibord Holdings (XZIM:DZL.ZW) Accounts Receivable : ZWL3,138 Mil (As of Dec. 2022)


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What is Dairibord Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dairibord Holdings's accounts receivables for the quarter that ended in Dec. 2022 was ZWL3,138 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dairibord Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 12.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dairibord Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ZWL-25.02.


Dairibord Holdings Accounts Receivable Historical Data

The historical data trend for Dairibord 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.

Dairibord Holdings Accounts Receivable Chart

Dairibord Holdings Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 33.48 236.09 458.55 1,951.10 3,138.22

Dairibord Holdings Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 458.55 468.12 1,951.10 1,887.06 3,138.22

Dairibord Holdings Accounts Receivable Calculation

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


Dairibord 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.

Dairibord Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3138.223/46254.726*91
=12.38

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

Dairibord Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(1832.252+0.75 * 3138.223+0.5 * 8664.516-17474.849
-0-0)/358.001
=-25.02

* 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.


Dairibord Holdings Accounts Receivable Related Terms

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Dairibord Holdings (XZIM:DZL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
1225 Rekayi Tangwena Avenue, Belvedere, P.O. Box 587, Harare, ZWE
Dairibord Holdings Ltd manufactures, processes, markets, and distributes milk products, foods, and beverages in Zimbabwe. It operates through Manufacturing and Distribution (Zimbabwe), Corporate, and Properties segments. The company generates maximum revenue from the Manufacturing and Distribution segment. It offers various products, including liquid milk products, such as short and long shelf life, cultured, and cream milk products; food products comprising yoghurts, ice creams, cheese, ice cream cone shells, condiments, spreads, sauces, butter, and ghee; and beverages, which include cordials, ready to drink dairy and non-dairy beverages, teas, mineral water, juices, and drinking chocolate.

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