Eveready East Africa (NAI:EVRD) Change In Receivables : KES10.81 Mil (TTM As of Sep. 2023)

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What is Eveready East Africa Change In Receivables?

Eveready East Africa's change in receivables for the quarter that ended in Sep. 2023 was KES4.86 Mil. It means Eveready East Africa's Accounts Receivable declined by KES4.86 Mil from Mar. 2023 to Sep. 2023 .

Eveready East Africa's change in receivables for the fiscal year that ended in Sep. 2023 was KES10.81 Mil. It means Eveready East Africa's Accounts Receivable declined by KES10.81 Mil from Sep. 2022 to Sep. 2023 .

Eveready East Africa's Accounts Receivable for the quarter that ended in Sep. 2023 was KES0.09 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. Eveready East Africa's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eveready East Africa's liquidation value for the six months ended in Sep. 2023 was KES-100.05 Mil.

Eveready East Africa Change In Receivables Historical Data

The historical data trend for Eveready East Africa'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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Eveready East Africa Change In Receivables Chart

Eveready East Africa Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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50.49

38.51

4.00

16.80

10.81

Eveready East Africa Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	16.80	-	5.95	4.86

Eveready East Africa 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was KES10.81 Mil.

Eveready East Africa (NAI:EVRD) 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.

Eveready East Africa's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.09	/	6.304	*	91
=	2.61

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

Eveready East Africa's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.79	-	110.178	+	0.75 * 0.09	+	0.5 * 2.545
=	-100.05

Eveready East Africa Change In Receivables Related Terms

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Eveready East Africa (NAI:EVRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Eveready East Africa PLC (NAI:EVRD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100

Website

https://www.eveready.co.ke

Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises offree car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.

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