GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Severfield PLC (LSE:SFR) » Definitions » Accounts Receivable

Severfield (LSE:SFR) Accounts Receivable : £100.6 Mil (As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Severfield Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Severfield's accounts receivables for the quarter that ended in Sep. 2024 was £100.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Severfield's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 72.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Severfield's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was £-0.30.


Severfield Accounts Receivable Historical Data

The historical data trend for Severfield'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.

Severfield Accounts Receivable Chart

Severfield Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.21 35.89 27.00 40.59 37.74

Severfield Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 118.27 40.59 78.00 37.74 100.58

Severfield Accounts Receivable Calculation

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


Severfield 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.

Severfield's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=100.582/252.253*91
=72.77

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

Severfield's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(9.422+0.75 * 100.582+0.5 * 10.872-181.269
-0-0)/301.778
=-0.30

* 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.


Severfield Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Severfield's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Severfield Business Description

Traded in Other Exchanges
Address
Severs House, Dalton Airfield Industrial Estate, Dalton, Thirsk, North Yorkshire, GBR, YO7 3JN
Severfield PLC is a construction company in the United Kingdom. It is engaged in the design, fabrication, and construction of structural steelwork. The company's operating segments are; Core Construction Operations, and Modular Solutions. Maximum revenue is generated from its Core Construction Operations segment which comprises the combined results of the Commercial and Industrial (C&I) and Nuclear and Infrastructure (N&I) divisions, including the results of Voortman Steel Construction Holding (VSCH). It provides steel superstructures and various other products like modular frames, severstor, and seversafe offload systems. Geographically, the company generates maximum revenue from the United Kingdom and the rest from the Republic of Ireland and continental Europe.

Severfield Headlines

From GuruFocus

Third Avenue Adds to Portfolio-Leading Stake in Weyerhaeuer

By David Goodloe David Goodloe 12-30-2014

Weekly 3-Year Low Highlights: SWAY, CBPX, IBP, BTH, GMAN

By Jimmy Xiao gurujx 06-23-2014