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Aeci Mining Explosives (LUS:AECI) Accounts Receivable : ZMW0.00 Mil (As of . 20)


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What is Aeci Mining Explosives Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aeci Mining Explosives's accounts receivables for the quarter that ended in . 20 was ZMW0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aeci Mining Explosives's Net-Net Working Capital per share for the quarter that ended in . 20 was ZMWN/A.


Aeci Mining Explosives Accounts Receivable Historical Data

The historical data trend for Aeci Mining Explosives's Accounts Receivable 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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Aeci Mining Explosives Accounts Receivable Chart

Aeci Mining Explosives Annual Data
Trend
Accounts Receivable

Aeci Mining Explosives Semi-Annual Data
Accounts Receivable

Aeci Mining Explosives Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Aeci Mining Explosives Accounts Receivable 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 receivables are being managed.

Aeci Mining Explosives's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Aeci Mining Explosives's accounts receivable are only considered to be worth 75% of book value:

Aeci Mining Explosives's Net-Net Working Capital Per Share for the quarter that ended in . 20 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Aeci Mining Explosives Accounts Receivable Related Terms

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Aeci Mining Explosives (LUS:AECI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1 Platinum Drive, The Platform, Longmeadow Business Estate, Modderfontein, Johannesburg, ZAF
Aeci Mining Explosives PLC is a developer, producer, and supplier of Commercial explosives, Initiating systems, and Blasting services for Mining, Quarrying, and Construction markets in Africa and Indonesia. The group also provides services such as Equipment, Product, Mining optimization, and Research development services. It operates in South Africa, Zambia, Botswana.

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