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Afriquia Gaz (CAS:GAZ) Change In Receivables : MAD0 Mil (TTM As of Jun. 2024)


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What is Afriquia Gaz Change In Receivables?

Afriquia Gaz's change in receivables for the quarter that ended in Jun. 2024 was MAD0 Mil. It means Afriquia Gaz's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Afriquia Gaz's change in receivables for the fiscal year that ended in Dec. 2023 was MAD17 Mil. It means Afriquia Gaz's Accounts Receivable declined by MAD17 Mil from Dec. 2022 to Dec. 2023 .

Afriquia Gaz's Accounts Receivable for the quarter that ended in Jun. 2024 was MAD656 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. Afriquia Gaz's Days Sales Outstanding for the six months ended in Jun. 2024 was 28.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Afriquia Gaz's liquidation value for the six months ended in Jun. 2024 was MAD-4,460 Mil.


Afriquia Gaz Change In Receivables Historical Data

The historical data trend for Afriquia Gaz'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.

* Premium members only.

Afriquia Gaz Change In Receivables Chart

Afriquia Gaz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.69 117.42 -238.11 21.39 16.99

Afriquia Gaz Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Afriquia Gaz 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0 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.


Afriquia Gaz  (CAS:GAZ) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=655.98/4269.569*91
=28.04

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

Afriquia Gaz's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=619.526-5761.848+0.75 * 655.98+0.5 * 379.855
=-4,460

* 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.


Afriquia Gaz Change In Receivables Related Terms

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Afriquia Gaz Business Description

Industry
Traded in Other Exchanges
N/A
Address
139 Boulevard Moulay Ismail, Casablanca, MAR, 20700
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.

Afriquia Gaz Headlines