SRJ Technologies Group (ASX:SRJ) Accounts Receivable : A$1.45 Mil (As of Dec. 2024)

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What is SRJ Technologies Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SRJ Technologies Group's accounts receivables for the quarter that ended in Dec. 2024 was A$1.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SRJ Technologies Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 87.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SRJ Technologies Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.00.

SRJ Technologies Group Accounts Receivable Historical Data

The historical data trend for SRJ Technologies 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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SRJ Technologies Group Accounts Receivable Chart

SRJ Technologies Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

0.26

0.38

0.37

1.17

1.45

SRJ Technologies Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial				0.37	0.47	1.17	0.18	1.45

SRJ Technologies Group Accounts Receivable Calculation

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

SRJ Technologies 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.

SRJ Technologies Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.453	/	3.018	*	91
=	87.86

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

SRJ Technologies Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=	(1.272	+	0.75 * 1.453	+	0.5 * 0.168	-	2.477
-	0	-	0)	/	623.543
=	-0.00

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.

SRJ Technologies Group Accounts Receivable Related Terms

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SRJ Technologies Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SRJ Technologies Group PLC (ASX:SRJ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Le Quai House, Le Quai D'Auvergne, Saint Helier, JEY, JE2 3TN

Website

https://www.srj-technologies.com

SRJ Technologies Group PLC specializes in providing weld-free coupling and leak containment solutions for pipeline and process systems. The company offers a variety of asset integrity products, consulting services, and solutions tailored to the energy and maritime industries. Their asset integrity services focus on inspection, maintenance, and testing to prevent equipment failures. Additionally, SRJ provides consulting services to help asset owners develop and implement effective asset integrity management strategies. Geographically, the company operates in Europe, the Americas, the Middle East, Africa, and Asia.

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