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African Dawn Capital (JSE:ADW) Change In Receivables : R-4.05 Mil (TTM As of Aug. 2023)


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What is African Dawn Capital Change In Receivables?

African Dawn Capital's change in receivables for the quarter that ended in Aug. 2023 was R-2.06 Mil. It means African Dawn Capital's Accounts Receivable increased by R2.06 Mil from Feb. 2023 to Aug. 2023 .

African Dawn Capital's change in receivables for the fiscal year that ended in Feb. 2023 was R-2.25 Mil. It means African Dawn Capital's Accounts Receivable increased by R2.25 Mil from Feb. 2022 to Feb. 2023 .

African Dawn Capital's Accounts Receivable for the quarter that ended in Aug. 2023 was R10.09 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 Dawn Capital's Days Sales Outstanding for the six months ended in Aug. 2023 was 233.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Dawn Capital's liquidation value for the six months ended in Aug. 2023 was R-53.73 Mil.


African Dawn Capital Change In Receivables Historical Data

The historical data trend for African Dawn Capital'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.

African Dawn Capital Change In Receivables Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 0.91 0.71 -4.36 -2.25

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -3.61 -0.75 -0.27 -1.98 -2.06

African Dawn Capital 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-4.05 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.


African Dawn Capital  (JSE:ADW) 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 Dawn Capital's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.087/7.878*91
=233.67

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

African Dawn Capital's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.084-63.379+0.75 * 10.087+0.5 * 0
=-53.73

* 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 Dawn Capital Change In Receivables Related Terms

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African Dawn Capital (JSE:ADW) Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

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