Bindura Nickel (XZIM:BIND.ZW) Change In Receivables : ZWL2,053 Mil (TTM As of Mar. 2023)

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What is Bindura Nickel Change In Receivables?

Bindura Nickel's change in receivables for the quarter that ended in Mar. 2023 was ZWL3,499 Mil. It means Bindura Nickel's Accounts Receivable declined by ZWL3,499 Mil from Sep. 2022 to Mar. 2023 .

Bindura Nickel's change in receivables for the fiscal year that ended in Mar. 2023 was ZWL2,053 Mil. It means Bindura Nickel's Accounts Receivable declined by ZWL2,053 Mil from Mar. 2022 to Mar. 2023 .

Bindura Nickel's Accounts Receivable for the quarter that ended in Mar. 2023 was ZWL1,795 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. Bindura Nickel's Days Sales Outstanding for the six months ended in Mar. 2023 was 59.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bindura Nickel's liquidation value for the six months ended in Mar. 2023 was ZWL-18,948 Mil.

Bindura Nickel Change In Receivables Historical Data

The historical data trend for Bindura Nickel'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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Bindura Nickel Change In Receivables Chart

Bindura Nickel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-883.57

218.32

-378.03

-4,049.79

2,053.07

Bindura Nickel Semi-Annual Data
	Sep13	Sep14	Sep15	Sep16	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Change In Receivables	Get a 7-Day Free Trial								1,335.01	-2,075.29	-1,974.82	-1,446.42	3,499.49

Bindura Nickel 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL2,053 Mil.

Bindura Nickel (XZIM:BIND.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.

Bindura Nickel's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1794.826	/	5479.79	*	91
=	59.78

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

Bindura Nickel's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	217.672	-	22294.611	+	0.75 * 1794.826	+	0.5 * 3566.146
=	-18,948

Bindura Nickel Change In Receivables Related Terms

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Bindura Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bindura Nickel Corp Ltd (XZIM:BIND.ZW) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Trojan Mine Road, Trojan Nickel Mine, P.O Box 35, Bindura, ZWE

Website

https://www.binduranickel.co.zw

Bindura Nickel Corp Ltd is a mining company. It is engaged in the mining and extraction of nickel and its by-products (copper and cobalt). Its product is nickel in concentrate which contains nickel sulphide.

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