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SCANA (SCG) Accounts Receivable : $474 Mil (As of Sep. 2018)


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What is SCANA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SCANA's accounts receivables for the quarter that ended in Sep. 2018 was $474 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SCANA's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 46.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SCANA's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-87.15.


SCANA Accounts Receivable Historical Data

The historical data trend for SCANA'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.

SCANA Accounts Receivable Chart

SCANA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 802.00 684.00 505.00 616.00 665.00

SCANA Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 545.00 665.00 578.00 517.00 474.00

SCANA Accounts Receivable Calculation

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


SCANA 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.

SCANA's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=474/926*91
=46.71

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

SCANA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(462+0.75 * 474+0.5 * 289-13425
-0-0)/143
=-87.15

* 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.


SCANA Accounts Receivable Related Terms

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SCANA (SCG) Business Description

Traded in Other Exchanges
N/A
Address
Scana is a holding company engaged primarily in generating, transmitting, and distributing electricity in South Carolina. It also distributes and sells natural gas in portions of North Carolina and South Carolina. Its two utilities serve more than 1 million customers. Through a wholly owned subsidiary, Scana markets natural gas to approximately 450,000 retail customers in Georgia.
Executives
James A Bennett director FIRST CITIZENS BANK, 1230 MAIN STREET, 9TH FLOOR, COLUMBIA SC 20201
D Maybank Hagood director WILLIAM M. BIRD AND CO., INC., P.O. BOX 20040, CHARLESTON SC 29413
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
James W Roquemore director C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Gregory E Aliff director 1720 NORTH FIRST STREET, SAN JOSE CA 95112
Alfredo Trujillo director
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Sharon K Jenkins officer: Senior VP - Marketing