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Sila Holding (XBUL:HSI) Accounts Receivable : лв9.74 Mil (As of Dec. 2023)


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What is Sila Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sila Holding's accounts receivables for the quarter that ended in Dec. 2023 was лв9.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sila Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1,188.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sila Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was лв-2.34.


Sila Holding Accounts Receivable Historical Data

The historical data trend for Sila Holding'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.

Sila Holding Accounts Receivable Chart

Sila Holding 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 28.15 15.89 14.90 6.32 9.74

Sila Holding Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 28.15 15.89 14.90 6.32 9.74

Sila Holding Accounts Receivable Calculation

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


Sila Holding 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.

Sila Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.744/1.496*91
=1,188.69

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

Sila Holding'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)
=(9.106+0.75 * 9.744+0.5 * 1.362-96.385
-0-7.084)/36.853
=-2.34

* 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.


Sila Holding Accounts Receivable Related Terms

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Sila Holding Business Description

Traded in Other Exchanges
N/A
Address
58 Bulgaria Boulevard, Bl.S, floor 7, office 24, Sofia, BGR
Sila Holding AD engaged in the acquisition, appraisal and managing of shares, bonds, as well as the cession of licenses for patents in Bulgarian and foreign countries. It also finances other enterprises in which it is a shareholder.

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