Safaricom (NAI:SCOM) Accounts Receivable : KES48,119 Mil (As of Mar. 2024)

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What is Safaricom Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Safaricom's accounts receivables for the quarter that ended in Mar. 2024 was KES48,119 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Safaricom's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 48.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Safaricom's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was KES-8.83.

Safaricom Accounts Receivable Historical Data

The historical data trend for Safaricom'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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Safaricom Accounts Receivable Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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8,022.70

11,189.10

11,457.00

14,472.10

48,119.00

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															11,457.00	35,983.90	14,472.10	44,651.90	48,119.00

Safaricom Accounts Receivable Calculation

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

Safaricom 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.

Safaricom's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48119	/	182918.5	*	91
=	48.01

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

Safaricom's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(22868.2	+	0.75 * 48119	+	0.5 * 4526	-	305416.4
-	0	-	109398.8)	/	40065.4
=	-8.83

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.

Safaricom Accounts Receivable Related Terms

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Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.