Hudaco Industries (JSE:HDC) Accounts Receivable : R1,292 Mil (As of Nov. 2023)

Hudaco Industries Accounts Receivable Chart

Hudaco Industries Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Accounts Receivable		Get a 7-Day Free Trial					1,132.05	1,060.56	1,030.08	1,194.60	1,291.71

Hudaco Industries Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Receivable	Get a 7-Day Free Trial															1,030.08	1,297.00	1,194.60	1,528.00	1,291.71

Hudaco Industries Accounts Receivable Calculation

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

Hudaco Industries 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.

Hudaco Industries's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

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

Hudaco Industries's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is calculated as:

* 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.

Hudaco Industries Accounts Receivable Related Terms

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Hudaco Industries (JSE:HDC) Business Description