African Distillers (XZIM:AFDS.ZW) Change In Receivables : ZWL0 Mil (TTM As of Sep. 2023)

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What is African Distillers Change In Receivables?

African Distillers's change in receivables for the quarter that ended in Sep. 2023 was ZWL0 Mil. It means African Distillers's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

African Distillers's change in receivables for the fiscal year that ended in Mar. 2023 was ZWL-2,010 Mil. It means African Distillers's Accounts Receivable increased by ZWL2,010 Mil from Mar. 2022 to Mar. 2023 .

African Distillers's Accounts Receivable for the quarter that ended in Sep. 2023 was ZWL30,623 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. African Distillers's Days Sales Outstanding for the six months ended in Sep. 2023 was 41.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Distillers's liquidation value for the six months ended in Sep. 2023 was ZWL-2,793 Mil.

African Distillers Change In Receivables Historical Data

The historical data trend for African Distillers'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 Distillers Change In Receivables Chart

African Distillers Annual Data

Trend

Jun09

Jun11

Jun12

Jun18

Jun19

Jun20

Mar22

Mar23

Change In Receivables

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-0.85

-111.43

-862.74

-1,012.83

-2,009.64

African Distillers Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

African Distillers 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 ZWL0 Mil.

African Distillers (XZIM:AFDS.ZW) 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 Distillers's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30623.023	/	134000.584	*	91
=	41.71

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

African Distillers'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)
=	5310.002	-	60744.345	+	0.75 * 30623.023	+	0.5 * 59348.94
=	-2,793

African Distillers Change In Receivables Related Terms

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African Distillers (XZIM:AFDS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE

Website

https://www.africandistillers.co.zw

African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

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