Samarkand Group (AQSE:SMK) Accounts Receivable : £1.34 Mil (As of Sep. 2023)

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What is Samarkand Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Samarkand Group's accounts receivables for the quarter that ended in Sep. 2023 was £1.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Samarkand Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 30.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Samarkand Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.05.

Samarkand Group Accounts Receivable Historical Data

The historical data trend for Samarkand Group'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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Samarkand Group Accounts Receivable Chart

Samarkand Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

1.06

1.01

1.51

1.72

Samarkand Group Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			1.79	1.51	2.13	1.72	1.34

Samarkand Group Accounts Receivable Calculation

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

Samarkand 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.

Samarkand Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.343	/	8.132	*	91
=	30.14

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

Samarkand Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(1.659	+	0.75 * 1.343	+	0.5 * 2.573	-	6.908
-	0	-	-0.16)	/	58.3582
=	-0.05

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.

Samarkand Group Accounts Receivable Related Terms

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Samarkand Group (AQSE:SMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Samarkand Group PLC (AQSE:SMK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Path, Unit 13 and 14 Nelson Trading Estate, Merton, London, GBR, SW19 3BL

Website

https://www.samarkand.global

Samarkand Group PLC is the cross-border eCommerce technology and retail group focusing on connecting Western Brands with China. It has developed a proprietary software platform, the Nomad, which is integrated across eCommerce platforms, payments, logistics, social media, and customs. The core products include Nomad Checkout, Nomad Storefront, and Nomad Distribution. The Group has one reportable segment with three revenue streams, being Brand Ownership, Nomad Technology, and Distribution business units engaged in the B2B and B2C sale of products and eCommerce technology solutions for Western brands and retailers selling in China. Its revenues are mainly generated in the UK, China, and the Rest of the World.

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