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Societe Generale Ghana (XGHA:SOGEGH) Accounts Receivable : GHS0 Mil (As of Mar. 2024)


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What is Societe Generale Ghana Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Societe Generale Ghana's accounts receivables for the quarter that ended in Mar. 2024 was GHS0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Societe Generale Ghana's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Societe Generale Ghana's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was GHS-7.67.


Societe Generale Ghana Accounts Receivable Historical Data

The historical data trend for Societe Generale Ghana'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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Societe Generale Ghana Accounts Receivable Chart

Societe Generale Ghana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Societe Generale Ghana Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Societe Generale Ghana Accounts Receivable Calculation

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


Societe Generale Ghana 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.

Societe Generale Ghana's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/338.832*91
=0.00

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

Societe Generale Ghana's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1990.932+0.75 * 0+0.5 * 0-7427.59
-0-0)/709.141
=-7.67

* 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.


Societe Generale Ghana Accounts Receivable Related Terms

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Societe Generale Ghana (XGHA:SOGEGH) Business Description

Traded in Other Exchanges
N/A
Address
2nd Crescent, Royalt Castle Road, P. O. Box: 13119, Ring Road Central, Accra, GHA
Societe Generale Ghana PLC is a financial institution that provides retail banking, corporate banking, investment banking, and other financial intermediary financial services to individuals and corporate. Its business lines include Retail Banking, Corporate Banking, and Treasury. The retail banking unit serves the needs of individuals, high net worth clients, and institutional clients. Corporate banking is responsible for providing loans and other credit facilities, as well as mobilizing deposits. The Treasury unit undertakes the bank's funding activities.

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