Smiths City Group (NZSE:SCY) Accounts Receivable : NZ$6.0 Mil (As of Oct. 2019)

Smiths City Group Accounts Receivable Chart

Smiths City Group Annual Data
	Trend	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19
Accounts Receivable		Get a 7-Day Free Trial					5.30	4.50	4.20	7.00	35.30

Smiths City Group Semi-Annual Data
	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19
Accounts Receivable	Get a 7-Day Free Trial															73.88	7.00	12.30	35.30	6.00

Smiths City Group Accounts Receivable Calculation

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

Smiths City Group 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.

Smiths City Group's Days Sales Outstanding for the quarter that ended in Oct. 2019 is calculated as:

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

Smiths City Group's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2019 is calculated as:

* 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.

Smiths City Group Accounts Receivable Related Terms

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Smiths City Group (NZSE:SCY) Business Description