SDI Group (SDI Group) Accounts Receivable : $12.29 Mil (As of Oct. 2023)

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What is SDI Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SDI Group's accounts receivables for the quarter that ended in Oct. 2023 was $12.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SDI Group's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 57.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SDI Group's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-0.25.

SDI Group Accounts Receivable Historical Data

The historical data trend for SDI 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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SDI Group Accounts Receivable Chart

SDI Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Receivable

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3.86

3.74

8.56

8.04

11.55

SDI Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Receivable	Get a 7-Day Free Trial															10.67	8.04	13.11	11.55	12.29

SDI Group Accounts Receivable Calculation

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

SDI 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.

SDI Group's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.285	/	39.239	*	91
=	57.14

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

SDI Group's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=	(1.883	+	0.75 * 12.285	+	0.5 * 14.54	-	44.49
-	0	-	0.057)	/	104.08
=	-0.25

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.

SDI Group Accounts Receivable Related Terms

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SDI Group (SDI Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SDI Group PLC (OTCPK:SDIIF) » Definitions » Accounts Receivable

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SDI:UK SD0:Germany

Address

Nuffield Road, Beacon House, Cambridge, GBR, CB4 1TF

Website

http://www.thesdigroup.net

SDI Group PLC designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation markets through Synoptics, the Artemis, the Opus instruments, and Astles Control systems brands. The Digital Imaging segment incorporates the Synoptics brands Syngene, Synbiosis, Synoptics Health and Fistreem, the Atik brands Atik Cameras, Opus and Quantum Scientific Imaging, and the Graticules Optics business. The Sensors & Control segment combines our Sentek, Astles Control Systems, Applied Thermal Control, Thermal Exchange, MPB Industries and Chell Instruments businesses. It operates in the UK, Europe, America, Rest of Asia, and Rest of the world segments. It derives most of its revenues from America segment.