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'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 Change In Receivables Historical Data

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.

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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				-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.

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

African Potash Change In Receivables Related Terms

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African Potash (LSE:AFPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » African Potash Ltd (LSE:AFPO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ

Website

http://www.blockcommodities.com

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.

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