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Mashonaland Holdings (XZIM:MASH.ZW) Accounts Receivable : ZWG13.44 Mil (As of Jun. 2024)


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What is Mashonaland Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mashonaland Holdings's accounts receivables for the quarter that ended in Jun. 2024 was ZWG13.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mashonaland Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 25.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mashonaland Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ZWG-0.18.


Mashonaland Holdings Accounts Receivable Historical Data

The historical data trend for Mashonaland 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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Mashonaland Holdings Accounts Receivable Chart

Mashonaland Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Accounts Receivable
Get a 7-Day Free Trial - - 92.65 - 6.37

Mashonaland Holdings Semi-Annual Data
Mar11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Jun23 Jun24
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 35.33 9.20 31.12 - 13.44

Mashonaland Holdings Accounts Receivable Calculation

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


Mashonaland 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.439/97.448*91
=25.17

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

Mashonaland Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(28.579+0.75 * 13.439+0.5 * 0.648-341.352
-0-0)/1687.584
=-0.18

* 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.


Mashonaland Holdings Accounts Receivable Related Terms

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Mashonaland Holdings Business Description

Traded in Other Exchanges
N/A
Address
77 Jason Moyo Avenue, P O Box 717, 12th Floor, ZB Life Towers, Harare, ZWE
Mashonaland Holdings Ltd operates in the property investment and development business. Its property portfolio is distributed across the office, retail, industrial, residential, and health sectors. Its reportable segments are; the Office Segment; Industrial Segment; Pure Retail; Residential and Health. and Land. It generates the majority of its revenue from the Office segment under which it acquires, develops, and leases offices and shops housed in office complexes. The business activities of the company are carried out throughout Zimbabwe.

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