African Rainbow Minerals (JSE:ARI) Change In Receivables : R74 Mil (TTM As of Dec. 2024)

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What is African Rainbow Minerals Change In Receivables?

African Rainbow Minerals's change in receivables for the quarter that ended in Dec. 2024 was R-420 Mil. It means African Rainbow Minerals's Accounts Receivable increased by R420 Mil from Jun. 2024 to Dec. 2024 .

African Rainbow Minerals's change in receivables for the fiscal year that ended in Jun. 2024 was R333 Mil. It means African Rainbow Minerals's Accounts Receivable declined by R333 Mil from Jun. 2023 to Jun. 2024 .

African Rainbow Minerals's Accounts Receivable for the quarter that ended in Dec. 2024 was R4,748 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 Rainbow Minerals's Days Sales Outstanding for the six months ended in Dec. 2024 was 151.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Rainbow Minerals's liquidation value for the six months ended in Dec. 2024 was R90 Mil.

African Rainbow Minerals Change In Receivables Historical Data

The historical data trend for African Rainbow Minerals'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 Rainbow Minerals Change In Receivables Chart

African Rainbow Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

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-157.00

-4,630.00

-737.00

2,127.00

333.00

African Rainbow Minerals Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial															1,197.00	930.00	-161.00	494.00	-420.00

African Rainbow Minerals 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R74 Mil.

African Rainbow Minerals (JSE:ARI) 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 Rainbow Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4748	/	5706	*	91
=	151.86

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

African Rainbow Minerals's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8605	-	12530	+	0.75 * 4748	+	0.5 * 908
=	90

African Rainbow Minerals Change In Receivables Related Terms

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African Rainbow Minerals Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

AFBOF:USA EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: ARM Platinum (which includes platinum group metals and nickel), ARM Ferrous, ARM Coal and ARM Corporate (which includes Machadodorp Works, Corporate, Gold and other). It derives maximum revenue from South Africa and has its presence in Europe, Americas and Far and Middle East.