Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Change In Receivables : ZWG47.3 Mil (TTM As of Jun. 2024)

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What is Fidelity Life Assurance of Zimbabwe Change In Receivables?

Fidelity Life Assurance of Zimbabwe's change in receivables for the quarter that ended in Jun. 2024 was ZWG47.3 Mil. It means Fidelity Life Assurance of Zimbabwe's Accounts Receivable declined by ZWG47.3 Mil from Jun. 2023 to Jun. 2024 .

Fidelity Life Assurance of Zimbabwe's change in receivables for the fiscal year that ended in Dec. 2018 was ZWG-220.9 Mil. It means Fidelity Life Assurance of Zimbabwe's Accounts Receivable increased by ZWG220.9 Mil from Dec. 2017 to Dec. 2018 .

Fidelity Life Assurance of Zimbabwe's Accounts Receivable for the quarter that ended in Jun. 2024 was ZWG58.2 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. Fidelity Life Assurance of Zimbabwe's Days Sales Outstanding for the six months ended in Jun. 2024 was 43.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fidelity Life Assurance of Zimbabwe's liquidation value for the six months ended in Jun. 2024 was ZWG-1,381.8 Mil.

Fidelity Life Assurance of Zimbabwe Change In Receivables Historical Data

The historical data trend for Fidelity Life Assurance of Zimbabwe'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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Fidelity Life Assurance of Zimbabwe Change In Receivables Chart

Fidelity Life Assurance of Zimbabwe Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

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-152.76

94.97

-311.95

-170.97

-220.85

Fidelity Life Assurance of Zimbabwe Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun23	Jun24
Change In Receivables	Get a 7-Day Free Trial														-164.89	-306.11	85.26	13.64	47.32

Fidelity Life Assurance of Zimbabwe 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWG47.3 Mil.

Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.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.

Fidelity Life Assurance of Zimbabwe's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.247	/	242.967	*	91
=	43.75

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

Fidelity Life Assurance of Zimbabwe's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	196.558	-	1621.997	+	0.75 * 58.247	+	0.5 * 0
=	-1,381.8

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Fidelity Life Assurance of Zimbabwe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelity Life Assurance of Zimbabwe Ltd (XZIM:FIDL.ZW) » Definitions » Change In Receivables

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Address

66 Julius Nyerere Way, Fidelity House, Harare, ZWE

Website

https://www.fidelitylife.co.zw

Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.

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