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Star Africa (XZIM:SACL.ZW) Change In Receivables : ZWG0 Mil (TTM As of Mar. 2024)


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What is Star Africa Change In Receivables?

Star Africa's change in receivables for the quarter that ended in Mar. 2024 was ZWG0 Mil. It means Star Africa's Accounts Receivable stayed the same from Sep. 2023 to Mar. 2024 .

Star Africa's change in receivables for the fiscal year that ended in Mar. 2024 was ZWG3,620 Mil. It means Star Africa's Accounts Receivable declined by ZWG3,620 Mil from Mar. 2023 to Mar. 2024 .

Star Africa's Accounts Receivable for the quarter that ended in Mar. 2024 was ZWG2,639 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. Star Africa's Days Sales Outstanding for the six months ended in Mar. 2024 was 3.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Star Africa's liquidation value for the six months ended in Mar. 2024 was ZWG-14,010 Mil.

Star Africa Change In Receivables Historical Data

The historical data trend for Star Africa'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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Star Africa Change In Receivables Chart

Star Africa Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial -12.59 12.60 -122.61 -4,103.41 3,620.42

Star Africa Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Change In Receivables Get a 7-Day Free Trial - - - - -

Star Africa 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWG0 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.

Star Africa  (XZIM:SACL.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.

Star Africa's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2639.094/150771.011*91
=3.19

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

Star Africa's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=270.411-28634.684+0.75 * 2639.094+0.5 * 24750.706
=-14,010

* 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.

Star Africa Change In Receivables Related Terms

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Star Africa Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Star Africa Corp Ltd (XZIM:SACL.ZW) » Definitions » Change In Receivables
Comparable Companies
XZIM:TANGANDA XZIM:ARIS.ZW XZIM:DZL.ZW MDLZ XSWX:LISN HSY XSWX:BARN XKRX:271560 TSE:2222 CAS:CSR TR TSE:2201 XKRX:004990 BOM:500038 SZSE:000833 BOM:532356 IST:ULKER OSTO:CLA B XKLS:5102 ISX:YUPI
Traded in Other Exchanges
N/A
Address
49 Douglas Road, P. O. Box 396, Southerton, Workington, Harare, ZWE
Website
https://www.starafricacorporation.com
Star Africa Corp Ltd is a Zimbabwe-based sugar manufacturer. The company operates its business activities in two reportable operating segments including the Food segment and the Property segment. The Food segment is a manufacturer of sugar products such as purified sugar for household and industrial consumption and sugar specialties comprising icing sugar, castor sugar, syrups, and caramel. The property segment manages offices, manufacturing, and residential premises. Star Africa derives the majority of its revenue from its Food segment.

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