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Alexander Forbes Group Holdings (JSE:AFH) Change In Receivables : R0 Mil (TTM As of Sep. 2024)


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What is Alexander Forbes Group Holdings Change In Receivables?

Alexander Forbes Group Holdings's change in receivables for the quarter that ended in Sep. 2024 was R0 Mil. It means Alexander Forbes Group Holdings's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

Alexander Forbes Group Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was R100 Mil. It means Alexander Forbes Group Holdings's Accounts Receivable declined by R100 Mil from Mar. 2023 to Mar. 2024 .

Alexander Forbes Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was R188 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. Alexander Forbes Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 12.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alexander Forbes Group Holdings's liquidation value for the six months ended in Sep. 2024 was R-448,875 Mil.


Alexander Forbes Group Holdings Change In Receivables Historical Data

The historical data trend for Alexander Forbes Group Holdings'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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Alexander Forbes Group Holdings Change In Receivables Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.00 65.00 -13.00 -41.00 100.00

Alexander Forbes Group Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

Alexander Forbes Group Holdings 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 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.


Alexander Forbes Group Holdings  (JSE:AFH) 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.

Alexander Forbes Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=188/2752*91
=12.47

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

Alexander Forbes Group Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2719-451735+0.75 * 188+0.5 * 0
=-448,875

* 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.


Alexander Forbes Group Holdings Change In Receivables Related Terms

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Alexander Forbes Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Consulting and Actuarial Services, Retirement Fund Services, Healthcare Services, and Trust and Beneficiary Services. The company also offers online services.

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