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Safestyle UK (LSE:SFE) Accounts Receivable : £5.7 Mil (As of Jun. 2023)


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What is Safestyle UK Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Safestyle UK's accounts receivables for the quarter that ended in Jun. 2023 was £5.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Safestyle UK's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 14.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Safestyle UK's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was £-0.20.


Safestyle UK Accounts Receivable Historical Data

The historical data trend for Safestyle UK'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.

Safestyle UK Accounts Receivable Chart

Safestyle UK Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.70 2.11 1.27 1.83

Safestyle UK Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.83 1.27 6.99 1.83 5.74

Safestyle UK Accounts Receivable Calculation

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


Safestyle UK 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.

Safestyle UK's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.741/74.115*91
=14.14

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

Safestyle UK's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(4.041+0.75 * 5.741+0.5 * 4.552-39.06
-0-0)/138.867
=-0.20

* 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.


Safestyle UK Accounts Receivable Related Terms

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Safestyle UK (LSE:SFE) Business Description

Traded in Other Exchanges
N/A
Address
47 Esplanade, St Helier, JEY, JE1 0BD
Safestyle UK PLC is a UK based retailer and manufacturer of PVCu windows and doors to the homeowner replacement market. The company manufactures and installs domestic, double-glazed replacement windows and doors under its EcoDiamond brand. EcoDiamond offers a diverse range of design and material types in its doors and windows. Thermal efficiency and safety form the pivotal features around which Safestyle positions its products.

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