First Mutual Holdings (XZIM:FMHL.ZW) Change In Receivables : ZWL0 Mil (TTM As of Jun. 2023)

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What is First Mutual Holdings Change In Receivables?

First Mutual Holdings's change in receivables for the quarter that ended in Jun. 2023 was ZWL0 Mil. It means First Mutual Holdings's Accounts Receivable stayed the same from Sep. 2022 to Jun. 2023 .

First Mutual Holdings's change in receivables for the fiscal year that ended in Dec. 2020 was ZWL-308 Mil. It means First Mutual Holdings's Accounts Receivable increased by ZWL308 Mil from Dec. 2019 to Dec. 2020 .

First Mutual Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was ZWL0 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Mutual Holdings's liquidation value for the three months ended in Jun. 2023 was ZWL-669,727 Mil.

First Mutual Holdings Change In Receivables Historical Data

The historical data trend for First Mutual Holdings'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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First Mutual Holdings Change In Receivables Chart

First Mutual Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Change In Receivables

8.37

79.82

-307.97

First Mutual Holdings Quarterly Data
	Jun18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Jun23
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

First Mutual Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ZWL0 Mil.

First Mutual Holdings (XZIM:FMHL.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.

First Mutual Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

First Mutual Holdings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	111642.452	-	781369.053	+	0.75 * 0	+	0.5 * 0
=	-669,727

First Mutual Holdings Change In Receivables Related Terms

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First Mutual Holdings (XZIM:FMHL.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Mutual Holdings Ltd (XZIM:FMHL.ZW) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

First Mutual Park, 100 Borrowdale Road, Borrowdale, P.O. Box BW 178, Second Floor, Harare, ZWE

Website

https://www.firstmutual.co.zw

First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and pensions insurance, health insurance, short-term insurance, reinsurance, property and casualty insurance, property management and development, and wealth management.

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