Stokvis Nord Afrique (CAS:SNA) Accounts Receivable : MAD0.00 Mil (As of . 20)

View and export this data going back to 2007. Start your Free Trial

What is Stokvis Nord Afrique Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stokvis Nord Afrique's accounts receivables for the quarter that ended in . 20 was MAD0.00 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. Stokvis Nord Afrique's Net-Net Working Capital per share for the quarter that ended in . 20 was MADN/A.

Stokvis Nord Afrique Accounts Receivable Historical Data

The historical data trend for Stokvis Nord Afrique'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.

Stokvis Nord Afrique Accounts Receivable Chart

Stokvis Nord Afrique Annual Data

Trend

Accounts Receivable

Stokvis Nord Afrique Quarterly Data

Accounts Receivable

Stokvis Nord Afrique Accounts Receivable Calculation

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

Stokvis Nord Afrique 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.

Stokvis Nord Afrique's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Stokvis Nord Afrique'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

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.

Stokvis Nord Afrique Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Stokvis Nord Afrique's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Stokvis Nord Afrique (CAS:SNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Stokvis Nord Afrique SA (CAS:SNA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oulad Salah indust zone, lot 1711, Mailbox 205, Casablanca, MAR, 20180

Website

http://www.stokvis-maroc.com

Stokvis Nord Afrique is an importer and distributor of technical equipment for public works, mines and quarries, agricultural material, automobile, handling, energy.