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Datatec (Datatec) Accounts Receivable : $1,532 Mil (As of Aug. 2023)


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What is Datatec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Datatec's accounts receivables for the quarter that ended in Aug. 2023 was $1,532 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Datatec's Days Sales Outstanding for the quarter that ended in Aug. 2023 was 101.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Datatec's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-11.79.


Datatec Accounts Receivable Historical Data

The historical data trend for Datatec'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.

Datatec Accounts Receivable Chart

Datatec Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,258.85 1,110.51 1,108.11 1,223.82 1,508.47

Datatec Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 1,125.49 1,223.82 1,339.41 1,508.47 1,531.76

Datatec Accounts Receivable Calculation

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


Datatec 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.

Datatec's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1531.761/2762.666*91
=101.19

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

Datatec's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(561.033+0.75 * 1531.761+0.5 * 419.15-3194.361
-0-62.806)/113.5
=-11.79

* 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.


Datatec Accounts Receivable Related Terms

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Datatec (Datatec) Business Description

Traded in Other Exchanges
Address
81 Maude Street, 3rd Floor, Sandown Chambers, Sandown Village Office Park, Sandown, Johannesburg, GT, ZAF, 2196
Datatec Ltd is an international information and communications technology solutions company. The company's portfolio of businesses is split into three core divisions: Westcon International: Technology distribution of security and networking products, Logicalis International: ICT infrastructure solutions and services and Logicalis Latin America: ICT infrastructure solutions and services. Technology distribution, which offers services related to cyber security and network infrastructure, contributes the majority of the firm's revenue.

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