African Potash (LSE:AFPO) Change In Receivables: £0.03 Mil (TTM As of Jun. 2016)

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What is African Potash Change In Receivables?

African Potash LSE:AFPO +20.00% Change In Receivables is £0.03 Mil as of Jun. 2016. The stock has 3 warning signs investors should review.

African Potash's change in receivables for the quarter that ended in Jun. 2016 was £0.23 Mil. It means African Potash's Accounts Receivable declined by £0.23 Mil from Dec. 2015 to Jun. 2016 .

African Potash's change in receivables for the fiscal year that ended in Jun. 2016 was £0.02 Mil. It means African Potash's Accounts Receivable declined by £0.02 Mil from Jun. 2015 to Jun. 2016 .

African Potash's Accounts Receivable for the quarter that ended in Jun. 2016 was £0.03 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Potash's liquidation value for the six months ended in Jun. 2016 was £-1.63 Mil.

African Potash  (LSE:AFPO) 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 Potash's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.025/0*91
=

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

African Potash's liquidation value for the quarter that ended in Jun. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.204-1.854+0.75 * 0.025+0.5 * 0
=-1.63

* 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.

African Potash Change In Receivables Related Terms

African Potash Change In Receivables Historical Data

* Premium members only.

The historical data trend for African Potash'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.

African Potash Change In Receivables Chart

African Potash Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16
Change In Receivables
-0.02 -0.05 -0.28 -0.01 0.02

African Potash Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Change In Receivables Get a 7-Day Free Trial Premium Member Only -0.28 0.01 -0.02 -0.21 0.23

African Potash 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 Jun. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.03 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of £0.03 Mil mean?
African Potash (LSE:AFPO) has a Change In Receivables of £0.03 Mil as of Jun. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for African Potash and its competitors.
Is African Potash's Change In Receivables too high?
African Potash's current Change In Receivables is £0.03 Mil.
How does African Potash's Change In Receivables compare to RKDA and VEGL?
African Potash's Change In Receivables of £0.03 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Agriculture company?
A good Change In Receivables depends on the Agriculture industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for African Potash and its competitors. African Potash's current Change In Receivables is £0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Potash stock overvalued right now?
African Potash (LSE:AFPO) has a current Change In Receivables of £0.03 Mil. The current Change In Receivables is £0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For African Potash (LSE:AFPO), the current Change In Receivables is £0.03 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Potash Business Description

Address Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ
Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.