Mumias Sugar Co (NAI:MSC) Change In Receivables: KES1,099 Mil (TTM As of Jun. 2018)

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NAI:MSC Mumias Sugar Co Ltd NAI:MSC
6 GF Score
Price KES0.28
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What is Mumias Sugar Co Change In Receivables?

Mumias Sugar Co NAI:MSC 6 Change In Receivables is KES1,099 Mil as of Jun. 2018. GuruFocus rates NAI:MSC with a GF Score™ of 6/100.

Mumias Sugar Co's change in receivables for the quarter that ended in Jun. 2018 was KES1,099 Mil. It means Mumias Sugar Co's Accounts Receivable declined by KES1,099 Mil from Jun. 2017 to Jun. 2018 .

Mumias Sugar Co's change in receivables for the fiscal year that ended in Jun. 2018 was KES1,099 Mil. It means Mumias Sugar Co's Accounts Receivable declined by KES1,099 Mil from Jun. 2017 to Jun. 2018 .

Mumias Sugar Co's Accounts Receivable for the quarter that ended in Jun. 2018 was KES77 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. Mumias Sugar Co's Days Sales Outstanding for the six months ended in Jun. 2018 was 10.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mumias Sugar Co's liquidation value for the six months ended in Jun. 2018 was KES-29,856 Mil.

Mumias Sugar Co  (NAI:MSC) 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.

Mumias Sugar Co's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=76.542/1379.223*91
=10.13

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

Mumias Sugar Co's liquidation value for the quarter that ended in Jun. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=34.399-30120.712+0.75 * 76.542+0.5 * 344.929
=-29,856

* 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.

Mumias Sugar Co Change In Receivables Related Terms

Mumias Sugar Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Change In Receivables Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,263.80 1,079.39 503.19 -150.03 1,098.72

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,263.80 1,079.39 503.19 -150.03 1,098.72
NAI:MSC
6GF Score
Mumias Sugar Co Ltd NAI:MSC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Mumias Sugar Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2018 was KES1,099 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 KES1,099 Mil mean?
Mumias Sugar Co (NAI:MSC) has a Change In Receivables of KES1,099 Mil as of Jun. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mumias Sugar Co and its competitors.
Is Mumias Sugar Co's Change In Receivables too high?
Mumias Sugar Co's current Change In Receivables is KES1,099 Mil. Overall, Mumias Sugar Co has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Mumias Sugar Co's Change In Receivables compare to competitors?
Mumias Sugar Co's Change In Receivables of KES1,099 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Mumias Sugar Co and its competitors. Mumias Sugar Co's current Change In Receivables is KES1,099 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mumias Sugar Co stock overvalued right now?
Mumias Sugar Co (NAI:MSC) has a current Change In Receivables of KES1,099 Mil. The current Change In Receivables is KES1,099 Mil. Mumias Sugar Co's overall GF Score™ is 6/100. 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 Mumias Sugar Co (NAI:MSC), the current Change In Receivables is KES1,099 Mil as of Jun. 2018. 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.

Mumias Sugar Co Business Description

Address Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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