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Seprod (XJAM:SEP) Accounts Receivable : JMD19,402 Mil (As of Jun. 2023)


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What is Seprod Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seprod's accounts receivables for the quarter that ended in Jun. 2023 was JMD19,402 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seprod's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 64.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seprod's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was JMD-43.39.

Seprod Accounts Receivable Historical Data

The historical data trend for Seprod'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.

Seprod Accounts Receivable Chart

Seprod Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,004.26 3,472.74 3,986.04 4,641.42 15,651.23

Seprod Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23
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 4,641.42 6,887.49 15,837.22 15,651.23 19,401.94

Seprod Accounts Receivable Calculation

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

Seprod 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19401.938/27392.488*91
=64.63

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

Seprod'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)
=(5796.04+0.75 * 19401.938+0.5 * 24441.487-56230.46
-3071.786-5094.836)/733.488
=-43.39

* 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.

Seprod Accounts Receivable Related Terms

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Seprod (XJAM:SEP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Seprod Ltd (XJAM:SEP) » Definitions » Accounts Receivable
Comparable Companies
XJAM:GK XJAM:SALF XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ HKSE:02319
Traded in Other Exchanges
N/A
Address
3 Felix Fox Boulevard, Kingston, JAM
Website
https://www.seprod.com
Seprod Ltd manufactures and sells edible oils and fats, corn products, cereals, milk products, juices, sugar, and biscuits. The company's product portfolio includes oils and fats, cookies and crackers, milk products, milk beverages, juice beverages, canned meats and fish, sauces and seasonings, canned vegetables, jams and jellies, pasta, hot beverages, corn and cornmeal and sugar. Its products City under various brands including Betty, Chiffon, Gold Seal, Gourmet, Serge, Butterkist, Cool Fruit, Primrose, Dairy Maid, Swizzle, Chef, and Pronto, among others. The company is a merchandiser of consumer goods. Its operating segments are Manufacturing and Distribution, of which a majority of the revenue is derived from the Distribution segment.