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British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Accounts Receivable : ZWL36,308 Mil (As of Dec. 2023)


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What is British American Tobacco Zimbabwe Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. British American Tobacco Zimbabwe Holdings's accounts receivables for the quarter that ended in Dec. 2023 was ZWL36,308 Mil.

Accounts receivable can be measured by Days Sales Outstanding. British American Tobacco Zimbabwe Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. British American Tobacco Zimbabwe Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ZWL2,572.19.


British American Tobacco Zimbabwe Holdings Accounts Receivable Historical Data

The historical data trend for British American Tobacco Zimbabwe Holdings'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.

* Premium members only.

British American Tobacco Zimbabwe Holdings Accounts Receivable Chart

British American Tobacco Zimbabwe Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 107.95 93.59 492.70 12,779.00 36,308.00

British American Tobacco Zimbabwe Holdings Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 492.70 621.15 12,779.00 11,858.78 36,308.00

British American Tobacco Zimbabwe Holdings Accounts Receivable Calculation

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


British American Tobacco Zimbabwe Holdings 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.

British American Tobacco Zimbabwe Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=36308/216791.341*91
=30.56

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), British American Tobacco Zimbabwe Holdings's accounts receivable are only considered to be worth 75% of book value:

British American Tobacco Zimbabwe Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(49596+0.75 * 36308+0.5 * 26439-45338
-0-0)/17.3815
=2,572.19

* 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.


British American Tobacco Zimbabwe Holdings Accounts Receivable Related Terms

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British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Manchester Road, Southerton, PO Box ST98, Harare, ZWE
British American Tobacco Zimbabwe Holdings Ltd is a multinational company engaged in the manufacturing, distribution, and sale of cigarettes through a network of independent retailers and distributors. Its portfolio of brands includes Dunhill, Lucky Strike, and Rothmans, and various international brands such as Vogue, Peter Stuyvesant, and State Express 555.

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