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Science in Sport (Science in Sport) Accounts Receivable : £19.73 Mil (As of Jun. 2023)


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What is Science in Sport Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Science in Sport's accounts receivables for the quarter that ended in Jun. 2023 was £19.73 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Science in Sport's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 104.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Science in Sport's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was £-0.13.


Science in Sport Accounts Receivable Historical Data

The historical data trend for Science in Sport'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.

Science in Sport Accounts Receivable Chart

Science in Sport Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.47 9.36 8.99 12.10 14.99

Science in Sport Semi-Annual Data
Sep13 Mar14 Sep14 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 11.77 12.10 14.71 14.99 19.73

Science in Sport Accounts Receivable Calculation

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


Science in Sport 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.727/34.436*91
=104.55

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

Science in Sport'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)
=(1.228+0.75 * 19.727+0.5 * 9.538-43.584
-0-0)/170.375
=-0.13

* 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.


Science in Sport Accounts Receivable Related Terms

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Science in Sport (Science in Sport) Business Description

Traded in Other Exchanges
Address
16-18 Hatton Garden, 2nd Floor, Farringdon, London, GBR, EC1N 8AT
Science in Sport PLC is engaged in developing, manufacturing, and marketing sports nutrition products for professional athletes and sports enthusiasts. Its reportable segments are the two brands, SiS and Ph.D. Nutrition. The company's product lines under SiS include Energy Bars, shots, gels, and powders; Hydration Gels, tablets, and powders; Recovery Rebuild Powders; Athlete health Vitamins & supplements. Ph.D. products include Diet range protein; Smart high, low sugar foods, bars, and snacks; Life formulated health products; Performance powder. Its majority of revenue comes from the United Kingdom and includes the Rest of Europe, the USA, and the Rest of the World.

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