Letshego Africa Holdings (BOT:LETSHEGO) Accounts Receivable : BWP0.00 Mil (As of . 20)

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What is Letshego Africa Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Letshego Africa Holdings's accounts receivables for the quarter that ended in . 20 was BWP0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Letshego Africa Holdings's Net-Net Working Capital per share for the quarter that ended in . 20 was BWPN/A.

Letshego Africa Holdings Accounts Receivable Historical Data

The historical data trend for Letshego Africa Holdings'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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Letshego Africa Holdings Accounts Receivable Chart

Letshego Africa Holdings Annual Data

Trend

Accounts Receivable

Letshego Africa Holdings Semi-Annual Data

Accounts Receivable

Letshego Africa Holdings Accounts Receivable Calculation

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

Letshego Africa Holdings 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.

Letshego Africa Holdings's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Letshego Africa Holdings's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=	(	+	0.75 *	+	0.5 *	-	N/A
-		-	)	/	0
=	N/A

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.

Letshego Africa Holdings Accounts Receivable Related Terms

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Letshego Africa Holdings (BOT:LETSHEGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Letshego Africa Holdings Ltd (BOT:LETSHEGO) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

Tower C, Zambezi Towers, Plot 54352, Central Business District, Gaborone, BWA

Website

https://www.letshego.com

Letshego Africa Holdings Ltd formerly Letshego Holdings Ltd is engaged in the provision of short to medium-term secured and unsecured loans to employees in the public, quasi-public and private sectors. The company operates in Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania, and Uganda. The Group considers banking and other financial services operations as one operating segment.

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