Soap and Allied Industries (XMAU:SAIL.I0000) Accounts Receivable : MUR163.2 Mil (As of Dec. 2022)

View and export this data going back to . Start your Free Trial

What is Soap and Allied Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Soap and Allied Industries's accounts receivables for the quarter that ended in Dec. 2022 was MUR163.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Soap and Allied Industries's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 33.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Soap and Allied Industries's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was MUR-64.42.

Soap and Allied Industries Accounts Receivable Historical Data

The historical data trend for Soap and Allied Industries'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.

Soap and Allied Industries Accounts Receivable Chart

Soap and Allied Industries Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Receivable

142.21

173.66

163.23

Soap and Allied Industries Semi-Annual Data
	Dec20	Dec21	Dec22
Accounts Receivable	142.21	173.66	163.23

Soap and Allied Industries Accounts Receivable Calculation

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

Soap and Allied Industries 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.

Soap and Allied Industries's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	163.227	/	880.908	*	91
=	33.82

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

Soap and Allied Industries's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(8.812	+	0.75 * 163.227	+	0.5 * 352.929	-	597.286
-	0	-	0)	/	4.49501
=	-64.42

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.

Soap and Allied Industries Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Soap and Allied Industries's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Soap and Allied Industries (XMAU:SAIL.I0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Soap and Allied Industries Ltd (XMAU:SAIL.I0000) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Moka Road, Bell Village, PO Box 900, Port Louis, MUS

Website

https://www.soapandallied.com

Soap and Allied Industries Ltd is a Mauritius-based company engaged in the manufacturing and sale of soap, detergent, and other cosmetic products. Its product portfolio includes all-purpose cleaners, beauty soap, bleach, custom-made soap, dishwashing liquid, fabric softener, floor cleaner, hand washing powder, laundry soap, luxury soap, toilet cleaner, and washing machine powder, among others. The company exports its products to Comoros, Kenya, Madagascar, Mayotte, Reunion, Seychelles, South Africa, and Zimbabwe.

Soap and Allied Industries (XMAU:SAIL.I0000) Headlines

No Headlines