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Blue Label Telecoms (JSE:BLU) Accounts Receivable : R3,497 Mil (As of Nov. 2023)


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What is Blue Label Telecoms Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blue Label Telecoms's accounts receivables for the quarter that ended in Nov. 2023 was R3,497 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blue Label Telecoms's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 84.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blue Label Telecoms's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was R-5.10.


Blue Label Telecoms Accounts Receivable Historical Data

The historical data trend for Blue Label Telecoms'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.

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Blue Label Telecoms Accounts Receivable Chart

Blue Label Telecoms Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,626.47 3,264.54 1,628.63 2,505.44 315.03

Blue Label Telecoms Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Accounts Receivable 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 4,530.18 2,505.44 2,714.99 315.03 3,496.88

Blue Label Telecoms Accounts Receivable Calculation

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


Blue Label Telecoms 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.

Blue Label Telecoms's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3496.876/7581.356*91
=84.18

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

Blue Label Telecoms's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(1134.126+0.75 * 3496.876+0.5 * 2828.768-9638.251
-0-102.542)/896.333
=-5.10

* 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.


Blue Label Telecoms Accounts Receivable Related Terms

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Blue Label Telecoms (JSE:BLU) Business Description

Traded in Other Exchanges
N/A
Address
75 Grayston Drive, Corner Benmore Road, Morningside Extension 5, Sandton, Johannesburg, GT, ZAF, 2196
Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: African Distribution, International, Solutions and Corporate. African distribution includes the distribution of physical and virtual prepaid airtime and electricity of the South African telecommunication and utilities companies. International includes the distribution of physical and virtual prepaid airtime in India and Mexico and payment solutions in India. Solutions include the provision of a mobile transactional platform and the marketing of mobile and financial products. The company generates the vast majority of its revenue in South Africa.