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YeboYethu (JSE:YYLBEE) Accounts Receivable : R6.2 Mil (As of Sep. 2023)


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What is YeboYethu Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YeboYethu's accounts receivables for the quarter that ended in Sep. 2023 was R6.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YeboYethu's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 2.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YeboYethu's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was R-183.80.


YeboYethu Accounts Receivable Historical Data

The historical data trend for YeboYethu'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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YeboYethu Accounts Receivable Chart

YeboYethu Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial - - - - -

YeboYethu Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 6.07 - 6.54 - 6.19

YeboYethu Accounts Receivable Calculation

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


YeboYethu 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.19/377.689*91
=2.99

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

YeboYethu'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)
=(5.774+0.75 * 6.19+0.5 * 0-9736.301
-0-0)/52.916
=-183.80

* 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.


YeboYethu Accounts Receivable Related Terms

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YeboYethu (JSE:YYLBEE) Business Description

Traded in Other Exchanges
N/A
Address
082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685
YeboYethu Ltd is a special purpose company formed for the purpose is to buy and hold Vodacom SA ordinary shares and Vodacom SA A shares for the benefit of shareholders. Vodacom SA is the largest mobile communications network operator in South Africa by a number of customers and revenue. The principal activities of the company are to carry on the business of acquiring and holding shares in Vodacom Group and receive and distribute dividends and other distributions received by it pursuant to its holding in Vodacom Group.

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