Fan Milk (XGHA:FML) Change In Receivables: GHS0.0 Mil (TTM As of Dec. 2022)

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XGHA:FML Fan Milk PLC XGHA:FML
13 GF Score
Price GHS13.30
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What is Fan Milk Change In Receivables?

Fan Milk XGHA:FML 13 Change In Receivables is GHS0.0 Mil as of Dec. 2022. GuruFocus rates XGHA:FML with a GF Score™ of 13/100.

Fan Milk's change in receivables for the quarter that ended in Dec. 2022 was GHS0.0 Mil. It means Fan Milk's Accounts Receivable stayed the same from Sep. 2022 to Dec. 2022 .

Fan Milk's change in receivables for the fiscal year that ended in Dec. 2022 was GHS-46.0 Mil. It means Fan Milk's Accounts Receivable increased by GHS46.0 Mil from Dec. 2021 to Dec. 2022 .

Fan Milk's Accounts Receivable for the quarter that ended in Dec. 2022 was GHS55.1 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. Fan Milk's Days Sales Outstanding for the three months ended in Dec. 2022 was 32.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fan Milk's liquidation value for the three months ended in Dec. 2022 was GHS-200.8 Mil.

Fan Milk  (XGHA:FML) 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.

Fan Milk's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.148/154.757*91
=32.52

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

Fan Milk's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=61.32-378.981+0.75 * 55.148+0.5 * 150.977
=-200.8

* 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.

Fan Milk Change In Receivables Related Terms

Fan Milk Change In Receivables Historical Data

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The historical data trend for Fan Milk'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.

Fan Milk Change In Receivables Chart

Fan Milk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.28 -25.07 -35.22 -45.96

Fan Milk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Dec16 Mar17 Dec17 Dec18 Sep19 Dec19 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.00 0.00 0.00 0.00 0.00
XGHA:FML
13GF Score
Fan Milk PLC XGHA:FML
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Fan Milk 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS0.0 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 GHS0.0 Mil mean?
Fan Milk (XGHA:FML) has a Change In Receivables of GHS0.0 Mil as of Dec. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Fan Milk and its competitors.
Is Fan Milk's Change In Receivables too high?
Fan Milk's current Change In Receivables is GHS0.0 Mil. Overall, Fan Milk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Fan Milk's Change In Receivables compare to KHC and GIS?
Fan Milk's Change In Receivables of GHS0.0 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 Fan Milk and its competitors. Fan Milk's current Change In Receivables is GHS0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Milk stock overvalued right now?
Fan Milk (XGHA:FML) has a current Change In Receivables of GHS0.0 Mil. The current Change In Receivables is GHS0.0 Mil. Fan Milk's overall GF Score™ is 13/100. 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 Fan Milk (XGHA:FML), the current Change In Receivables is GHS0.0 Mil as of Dec. 2022. 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.

Fan Milk Business Description

Address Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA
Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.
13GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS13.30
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