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AS Silvano Fashion Group (OTSE:SFG1T) Accounts Receivable : €1.30 Mil (As of Dec. 2023)


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What is AS Silvano Fashion Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AS Silvano Fashion Group's accounts receivables for the quarter that ended in Dec. 2023 was €1.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AS Silvano Fashion Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 10.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AS Silvano Fashion Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.77.


AS Silvano Fashion Group Accounts Receivable Historical Data

The historical data trend for AS Silvano Fashion 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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AS Silvano Fashion Group Accounts Receivable Chart

AS Silvano Fashion Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.02 0.91 0.94 1.30

AS Silvano Fashion Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.94 1.55 1.93 1.38 1.30

AS Silvano Fashion Group Accounts Receivable Calculation

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


AS Silvano Fashion 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.

AS Silvano Fashion Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.301/11.858*91
=10.01

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

AS Silvano Fashion Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(32.878+0.75 * 1.301+0.5 * 23.796-15.389
-0-2.743)/36
=0.77

* 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.


AS Silvano Fashion Group Accounts Receivable Related Terms

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AS Silvano Fashion Group (OTSE:SFG1T) Business Description

Traded in Other Exchanges
Address
Tulika 17, Tallinn, EST, 10613
AS Silvano Fashion Group is a retail brand company. It is an international lingerie distribution group involved in the design, manufacturing, and marketing of women's lingerie. Its brands include Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo. It sells its brand products through the wholesale channel, and franchised sales, and owns retail operated under the Milavitsa and Lauma Lingerie retail chains. The operating segments of the group are Lingerie retail and Lingerie wholesale. Most of the company's revenues are a result of the operation of the Lingerie wholesale channel. It has business operations in Russia, Belarus, Ukraine, Baltics, and other countries.

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