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African Sun (XZIM:ASUN.ZW) Change In Receivables : ZWL0 Mil (TTM As of Dec. 2022)


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What is African Sun Change In Receivables?

African Sun's change in receivables for the quarter that ended in Dec. 2022 was ZWL0 Mil. It means African Sun's Accounts Receivable stayed the same from Jun. 2022 to Dec. 2022 .

African Sun's change in receivables for the fiscal year that ended in Dec. 2022 was ZWL0 Mil. It means African Sun's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

African Sun's Accounts Receivable for the quarter that ended in Dec. 2022 was ZWL1,514 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. African Sun's Days Sales Outstanding for the six months ended in Dec. 2022 was 11.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. African Sun's liquidation value for the six months ended in Dec. 2022 was ZWL-6,883 Mil.


African Sun Change In Receivables Historical Data

The historical data trend for African Sun'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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African Sun Change In Receivables Chart

African Sun Annual Data
Trend Sep09 Sep11 Sep12 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -16.79 -64.66 479.69 62.23 -

African Sun Semi-Annual Data
Sep09 Mar11 Sep11 Mar12 Sep12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

African Sun 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 Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL0 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.


African Sun  (XZIM:ASUN.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.

African Sun's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1513.785/23362.836*91
=11.83

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

African Sun's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10287.277-20070.879+0.75 * 1513.785+0.5 * 3530.631
=-6,883

* 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.


African Sun Change In Receivables Related Terms

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African Sun (XZIM:ASUN.ZW) Business Description

Traded in Other Exchanges
N/A
Address
870 Endeavour Crescent off Norfolk Road, Bally House, P.O. Box CY 1211, Mount Pleasant Business Park, Causeway, Harare, ZWE
African Sun Ltd is a hotel investment company. It manages hotel operations in Zimbabwe. The company has five segments namely, Resort Hotels, City and Country Hotels, Victoria Falls Hotel Partnership, Sun Leisure and Real Estate and Others. It generates the majority of its revenue from the City and Country Hotels segment.

African Sun (XZIM:ASUN.ZW) Headlines

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