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Lafarge Africa (NSA:WAPCO) Change In Receivables : ₦-8,639 Mil (TTM As of Mar. 2024)


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What is Lafarge Africa Change In Receivables?

Lafarge Africa's change in receivables for the quarter that ended in Mar. 2024 was ₦-7,850 Mil. It means Lafarge Africa's Accounts Receivable increased by ₦7,850 Mil from Dec. 2023 to Mar. 2024 .

Lafarge Africa's change in receivables for the fiscal year that ended in Dec. 2023 was ₦-1,484 Mil. It means Lafarge Africa's Accounts Receivable increased by ₦1,484 Mil from Dec. 2022 to Dec. 2023 .

Lafarge Africa's Accounts Receivable for the quarter that ended in Mar. 2024 was ₦6,416 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. Lafarge Africa's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lafarge Africa's liquidation value for the three months ended in Mar. 2024 was ₦-115,209 Mil.


Lafarge Africa Change In Receivables Historical Data

The historical data trend for Lafarge 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.

* Premium members only.

Lafarge Africa Change In Receivables Chart

Lafarge Africa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,952.39 3,184.74 -2,193.45 411.76 -1,484.30

Lafarge Africa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -695.65 -136.32 13.89 -666.23 -7,849.88

Lafarge 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 quarterly data reported by the company within the most recent 12 months, which was ₦-8,639 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.


Lafarge Africa  (NSA:WAPCO) 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.

Lafarge 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
=6415.6/137772.474*91
=4.25

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

Lafarge 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)
=77759.09-233744.821+0.75 * 6415.6+0.5 * 71929.27
=-115,209

* 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.


Lafarge Africa Change In Receivables Related Terms

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Lafarge Africa (NSA:WAPCO) Business Description

Traded in Other Exchanges
N/A
Address
No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in the manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. Its products include Ashakacem, UniCem, Elephant cement, Lafarge Powermax, RoadCem, and Supaset cement among others. It has operations in South Africa and Nigeria generating a vast majority of its revenues within Nigeria from the sales of Cement. It has two segments Cement & Readymixed products. The majority is from the cement segment.

Lafarge Africa (NSA:WAPCO) Headlines

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