Sosandar (LSE:SOS) Accounts Receivable : £3.86 Mil (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Sosandar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sosandar's accounts receivables for the quarter that ended in Sep. 2024 was £3.86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sosandar's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 43.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sosandar's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was £0.03.

Sosandar Accounts Receivable Historical Data

The historical data trend for Sosandar'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.

Sosandar Accounts Receivable Chart

Sosandar Annual Data

Trend

Oct15

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

Get a 7-Day Free Trial

0.04

0.31

1.68

1.97

2.16

Sosandar Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial									2.35	1.97	3.80	2.16	3.86

Sosandar Accounts Receivable Calculation

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

Sosandar 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.864	/	16.187	*	91
=	43.56

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

Sosandar'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)
=	(6.951	+	0.75 * 3.864	+	0.5 * 12.165	-	9.657
-	0	-	0)	/	248.227
=	0.03

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.

Sosandar Accounts Receivable Related Terms

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

Sosandar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sosandar PLC (LSE:SOS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Water Lane, Wilmslow, Cheshire, GBR, SK9 5AP

Website

https://www.sosandar-ir.com

Sosandar PLC is involved in the online sale of women's wear products through its platform. It is engaged in the sale of womenswear fashion, footwear, and accessories through its website, and selected third-party partners. The product portfolio of the company includes clothing, footwear, gifts, accessories, and gift cards, among others. Geographically, the company derives its key revenue from the United Kingdom.