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Shawbrook Group (LSE:SHAA) Accounts Receivable : £0.00 Mil (As of Dec. 2016)


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What is Shawbrook Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shawbrook Group's accounts receivables for the quarter that ended in Dec. 2016 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shawbrook Group's Days Sales Outstanding for the quarter that ended in Dec. 2016 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shawbrook Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2016 was £-14.94.


Shawbrook Group Accounts Receivable Historical Data

The historical data trend for Shawbrook 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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Shawbrook Group Accounts Receivable Chart

Shawbrook Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
- - - - -

Shawbrook Group Semi-Annual Data
Dec12 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16
Accounts Receivable Get a 7-Day Free Trial - - - - -

Shawbrook Group Accounts Receivable Calculation

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


Shawbrook 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.

Shawbrook Group's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/105.8*91
=0.00

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

Shawbrook Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2016 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)
=(429.9+0.75 * 0+0.5 * 0-4209.4
-0-0)/253.000
=-14.94

* 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.


Shawbrook Group Accounts Receivable Related Terms

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Shawbrook Group (LSE:SHAA) Business Description

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Shawbrook Group PLC is a specialist savings and lending bank operating in the United Kingdom. It focuses mostly on poorly served customer segments across the small to medium-size enterprise and retail market of the island nation. Shawbrook's primary markets include property, business, and consumer finance. The company has grown since its founding through mostly acquisitions. Net operating income mostly derives from asset finance, commercial mortgages, and secured lending. Shawbrook emphasizes customer service, reputation, and efficiency in evaluating its strategy implementation.

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