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Smart Employee Benefits (Smart Employee Benefits) Accounts Receivable : $11.19 Mil (As of Aug. 2022)


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What is Smart Employee Benefits Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Smart Employee Benefits's accounts receivables for the quarter that ended in Aug. 2022 was $11.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Smart Employee Benefits's Days Sales Outstanding for the quarter that ended in Aug. 2022 was 82.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Smart Employee Benefits's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was $-0.22.


Smart Employee Benefits Accounts Receivable Historical Data

The historical data trend for Smart Employee Benefits'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.

Smart Employee Benefits Accounts Receivable Chart

Smart Employee Benefits Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.97 12.18 11.96 9.79 11.53

Smart Employee Benefits Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 11.20 11.53 12.02 10.89 11.19

Smart Employee Benefits Accounts Receivable Calculation

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


Smart Employee Benefits 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.

Smart Employee Benefits's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.185/12.379*91
=82.45

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

Smart Employee Benefits's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 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)
=(0.138+0.75 * 11.185+0.5 * 0.221-47.753
-0--1.143)/173.509
=-0.22

* 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.


Smart Employee Benefits Accounts Receivable Related Terms

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Smart Employee Benefits (Smart Employee Benefits) Business Description

Traded in Other Exchanges
N/A
Address
5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7
Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.

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