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SOHO Development (WAR:SHD) Accounts Receivable : zł0.10 Mil (As of Dec. 2023)


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What is SOHO Development Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SOHO Development's accounts receivables for the quarter that ended in Dec. 2023 was zł0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SOHO Development's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 112.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SOHO Development's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was zł0.57.


SOHO Development Accounts Receivable Historical Data

The historical data trend for SOHO Development'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.

SOHO Development Accounts Receivable Chart

SOHO Development Annual Data
Trend Dec10 Dec11 Dec12 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.63 1.69 0.41 0.40

SOHO Development Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
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 0.45 0.18 0.30 3.01 0.10

SOHO Development Accounts Receivable Calculation

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


SOHO Development 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.

SOHO Development's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.097/0.079*91
=112.04

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

SOHO Development's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(12.834+0.75 * 0.097+0.5 * 0.072-0.684
-0-0)/21.5399
=0.57

* 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.


SOHO Development Accounts Receivable Related Terms

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SOHO Development (WAR:SHD) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808
SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

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