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Afristrat Investment Holdings (JSE:ATI) Change In Receivables : R0.00 Mil (TTM As of Sep. 2021)


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What is Afristrat Investment Holdings Change In Receivables?

Afristrat Investment Holdings's change in receivables for the quarter that ended in Sep. 2021 was R0.00 Mil. It means Afristrat Investment Holdings's Accounts Receivable stayed the same from Mar. 2021 to Sep. 2021 .

Afristrat Investment Holdings's change in receivables for the fiscal year that ended in Mar. 2021 was R15.77 Mil. It means Afristrat Investment Holdings's Accounts Receivable declined by R15.77 Mil from Jun. 2019 to Mar. 2021 .

Afristrat Investment Holdings's Accounts Receivable for the quarter that ended in Sep. 2021 was R6.71 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. Afristrat Investment Holdings's Days Sales Outstanding for the six months ended in Sep. 2021 was 3,157.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Afristrat Investment Holdings's liquidation value for the six months ended in Sep. 2021 was R-814.23 Mil.


Afristrat Investment Holdings Change In Receivables Historical Data

The historical data trend for Afristrat Investment 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.

* Premium members only.

Afristrat Investment Holdings Change In Receivables Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.71 -29.79 - -57.12 15.77

Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
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 - - - - -

Afristrat Investment 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.00 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.


Afristrat Investment Holdings  (JSE:ATI) 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.

Afristrat Investment Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.713/0.388*91
=3,157.53

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

Afristrat Investment Holdings's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=67.218-886.481+0.75 * 6.713+0.5 * 0
=-814.23

* 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.


Afristrat Investment Holdings Change In Receivables Related Terms

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Afristrat Investment Holdings (JSE:ATI) Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

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