Afrika Gold AG (HAM:GOG) Change In Receivables : €0.00 Mil (TTM As of Jun. 2021)

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What is Afrika Gold AG Change In Receivables?

Afrika Gold AG's change in receivables for the quarter that ended in Jun. 2021 was €0.00 Mil. It means Afrika Gold AG's Accounts Receivable stayed the same from Jun. 2020 to Jun. 2021 .

Afrika Gold AG's change in receivables for the fiscal year that ended in Jun. 2021 was €0.00 Mil. It means Afrika Gold AG's Accounts Receivable stayed the same from Jun. 2020 to Jun. 2021 .

Afrika Gold AG's Accounts Receivable for the quarter that ended in Jun. 2021 was €2.88 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Afrika Gold AG's liquidation value for the six months ended in Jun. 2021 was €-1.56 Mil.

Afrika Gold AG Change In Receivables Historical Data

The historical data trend for Afrika Gold AG'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.

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Afrika Gold AG Change In Receivables Chart

Afrika Gold AG Annual Data

Trend

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Jun21

Change In Receivables

Afrika Gold AG Semi-Annual Data
	Jun17	Jun18	Jun19	Jun20	Jun21
Change In Receivables	-	-	-	-	-

Afrika Gold AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2021 was €0.00 Mil.

Afrika Gold AG (HAM:GOG) 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.

Afrika Gold AG's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.876	/	0	*	91
=

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

Afrika Gold AG's liquidation value for the quarter that ended in Jun. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.005	-	3.718	+	0.75 * 2.876	+	0.5 * 0
=	-1.56

Afrika Gold AG Change In Receivables Related Terms

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Afrika Gold AG (HAM:GOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afrika Gold AG (HAM:GOG) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Firststrasse 15, Feusisberg, CHE, 8835

Website

https://www.afrika-gold.ch

Afrika Gold AG operates the Lancaster Gold Mine at Krugersdorp situated west of Johannesburg, South Africa. The company mines gold near the surface of the Witwatersrand gold-bearing reefs.

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