AFBOF (African Rainbow Minerals) Change In Receivables: $-16.7 Mil (TTM As of Dec. 2025)

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AFBOF African Rainbow Minerals Ltd AFBOF
81 GF Score
Price $11.07
GF Value $12.65
Valuation Modestly Undervalued
! 6 Warning Signs
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What is African Rainbow Minerals Change In Receivables?

African Rainbow Minerals AFBOF 81 Change In Receivables is $-16.7 Mil as of Dec. 2025. GuruFocus rates AFBOF with a GF Score™ of 81/100 and a GF Value™ of $12.65 (Modestly Undervalued). The stock has 6 warning signs investors should review.

African Rainbow Minerals's change in receivables for the quarter that ended in Dec. 2025 was $-21.5 Mil. It means African Rainbow Minerals's Accounts Receivable increased by $21.5 Mil from Jun. 2025 to Dec. 2025 .

African Rainbow Minerals's change in receivables for the fiscal year that ended in Jun. 2025 was $-18.8 Mil. It means African Rainbow Minerals's Accounts Receivable increased by $18.8 Mil from Jun. 2024 to Jun. 2025 .

African Rainbow Minerals's Accounts Receivable for the quarter that ended in Dec. 2025 was $316.7 Mil.

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 Receivable are being managed. African Rainbow Minerals's Days Sales Outstanding for the six months ended in Dec. 2025 was 123.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Rainbow Minerals's liquidation value for the six months ended in Dec. 2025 was $-156.5 Mil.


African Rainbow Minerals  (OTCPK:AFBOF) Change In Receivables 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 Receivable are being managed.

African Rainbow Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=316.705/466.77*91
=123.83

2. In Ben Graham's calculation of liquidation value, African Rainbow Minerals's accounts receivable are only considered to be worth 75% of book value:

African Rainbow Minerals's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=597.468-1017.127+0.75 * 316.705+0.5 * 51.269
=-156.5

* 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.


African Rainbow Minerals Change In Receivables Related Terms


African Rainbow Minerals Change In Receivables Historical Data

* Premium members only.

The historical data trend for African Rainbow Minerals's Change In Receivables 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.

African Rainbow Minerals Change In Receivables Chart

African Rainbow Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -332.78 -46.60 113.47 18.07 -18.80

African Rainbow Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Receivables 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 -8.64 26.81 -23.05 4.77 -21.51
AFBOF
81GF Score
African Rainbow Minerals Ltd AFBOF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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African Rainbow Minerals Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-16.7 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-16.7 Mil mean?
African Rainbow Minerals (AFBOF) has a Change In Receivables of $-16.7 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for African Rainbow Minerals and its competitors.
Is African Rainbow Minerals' Change In Receivables too high?
African Rainbow Minerals' current Change In Receivables is $-16.7 Mil. Overall, African Rainbow Minerals has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' Change In Receivables compare to competitors?
African Rainbow Minerals' Change In Receivables of $-16.7 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 Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for African Rainbow Minerals and its competitors. African Rainbow Minerals's current Change In Receivables is $-16.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (AFBOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.65, compared to a current price of $11.07 — trading 12.5% below its estimated fair value. The current Change In Receivables is $-16.7 Mil. African Rainbow Minerals' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For African Rainbow Minerals (AFBOF), the current Change In Receivables is $-16.7 Mil as of Dec. 2025. 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.

Is African Rainbow Minerals (AFBOF) Overvalued in 2026?

Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued. The current stock price of $11.07 is trading 12.5% below its estimated GF Value™ of $12.65. GuruFocus considers African Rainbow Minerals to be Modestly Undervalued.

Key valuation signals for AFBOF:

  • Change In Receivables: $-16.7 Mil
  • GF Value™: $12.65 vs. price of $11.07 (12.5% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the AFBOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


African Rainbow Minerals Business Description

Other Exchanges ARI:South AfricaEB9:Germany
Address 29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
81GF Score

Get the complete analysis for AFBOF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.07
Price
$12.65
GF Value