African Equity Empowerment Investments (JSE:AEE) Change In Receivables : R0.0 Mil (TTM As of Aug. 2023)

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What is African Equity Empowerment Investments Change In Receivables?

African Equity Empowerment Investments's change in receivables for the quarter that ended in Aug. 2023 was R0.0 Mil. It means African Equity Empowerment Investments's Accounts Receivable stayed the same from Feb. 2023 to Aug. 2023 .

African Equity Empowerment Investments's change in receivables for the fiscal year that ended in Aug. 2023 was R0.6 Mil. It means African Equity Empowerment Investments's Accounts Receivable declined by R0.6 Mil from Aug. 2022 to Aug. 2023 .

African Equity Empowerment Investments's Accounts Receivable for the quarter that ended in Aug. 2023 was R56.1 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 Equity Empowerment Investments's Days Sales Outstanding for the six months ended in Aug. 2023 was 26.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Equity Empowerment Investments's liquidation value for the six months ended in Aug. 2023 was R-151.2 Mil.

African Equity Empowerment Investments Change In Receivables Historical Data

The historical data trend for African Equity Empowerment Investments'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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African Equity Empowerment Investments Change In Receivables Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-61.49

-92.06

211.57

-88.08

0.64

African Equity Empowerment Investments 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															-	-	-	-	-

African Equity Empowerment Investments 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 R0.0 Mil.

African Equity Empowerment Investments (JSE:AEE) 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 Equity Empowerment Investments's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	56.104	/	389.612	*	91
=	26.28

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

African Equity Empowerment Investments'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)
=	235.737	-	503.685	+	0.75 * 56.104	+	0.5 * 149.31
=	-151.2

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African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Change In Receivables

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Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.