Afine Investments (JSE:ANI) Change In Receivables : R0.00 Mil (TTM As of Feb. 2024)

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What is Afine Investments Change In Receivables?

Afine Investments's change in receivables for the quarter that ended in Feb. 2024 was R0.02 Mil. It means Afine Investments's Accounts Receivable declined by R0.02 Mil from Aug. 2023 to Feb. 2024 .

Afine Investments's change in receivables for the fiscal year that ended in Feb. 2024 was R0.00 Mil. It means Afine Investments's Accounts Receivable declined by R0.00 Mil from Feb. 2023 to Feb. 2024 .

Afine Investments's Accounts Receivable for the quarter that ended in Feb. 2024 was R0.09 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. Afine Investments's Days Sales Outstanding for the six months ended in Feb. 2024 was 0.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Afine Investments's liquidation value for the six months ended in Feb. 2024 was R-103.59 Mil.

Afine Investments Change In Receivables Historical Data

The historical data trend for Afine 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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Afine Investments Change In Receivables Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Feb24

Change In Receivables

-0.24

0.19

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial			5.08	0.25	-0.06	-0.02	0.02

Afine 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 Mil.

Afine Investments (JSE:ANI) 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.

Afine Investments's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.088	/	20.887	*	91
=	0.77

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

Afine Investments's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.213	-	113.867	+	0.75 * 0.088	+	0.5 * 0
=	-103.59

Afine Investments Change In Receivables Related Terms

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Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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