Swvl Holdings (Swvl Holdings) Accounts Receivable : $5.90 Mil (As of Jun. 2023)

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What is Swvl Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Swvl Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $5.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Swvl Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-3.21.

Swvl Holdings Accounts Receivable Historical Data

The historical data trend for Swvl Holdings'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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Swvl Holdings Accounts Receivable Chart

Swvl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Receivable

1.51

2.08

2.97

5.55

10.41

Swvl Holdings Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Accounts Receivable	Get a 7-Day Free Trial					5.55	13.26	16.42	10.41	5.90

Swvl Holdings Accounts Receivable Calculation

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

Swvl Holdings 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.

Swvl Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.899	/	0	*	91
=

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

Swvl Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.377	+	0.75 * 5.899	+	0.5 * 0	-	29.617
-	0	-	-3.039)	/	6.782
=	-3.21

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.

Swvl Holdings Accounts Receivable Related Terms

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Swvl Holdings (Swvl Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE

Website

https://www.swvl.com

Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.