Pepkor Holdings (JSE:PPH) Accounts Receivable : R1,567 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Pepkor Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pepkor Holdings's accounts receivables for the quarter that ended in Sep. 2023 was R1,567 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pepkor Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 6.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pepkor Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was R-9.63.

Pepkor Holdings Accounts Receivable Historical Data

The historical data trend for Pepkor 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.

* Premium members only.

Pepkor Holdings Accounts Receivable Chart

Pepkor Holdings Annual Data

Trend

Jun15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

Get a 7-Day Free Trial

1,378.00

1,471.00

1,466.00

1,589.00

1,567.00

Pepkor Holdings Semi-Annual Data
	Jun15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial											1,466.00	7,979.00	1,589.00	9,234.00	1,567.00

Pepkor Holdings Accounts Receivable Calculation

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

Pepkor 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1567	/	43603	*	91
=	6.56

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

Pepkor Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(4927	+	0.75 * 1567	+	0.5 * 16974	-	49687
-	0	-	212)	/	3666.48
=	-9.63

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.

Pepkor Holdings Accounts Receivable Related Terms

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

Pepkor Holdings (JSE:PPH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pepkor Holdings Ltd (JSE:PPH) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

PPKRF:USA S1VA:Germany

Address

36 Stellenberg Road, Parow Industria, Cape Town, WC, ZAF, 7493

Website

https://www.pepkor.co.za

Pepkor Holdings Ltd is an operator of a chain of retail stores based in Parow East, South Africa. The company functions offer segments that include clothing and general merchandise, furniture, appliances and electronics, building materials and fintech, it generates the vast majority of its revenue from the clothing and general merchandise segment, which consists of clothing, footwear and homeware products, fast-moving consumer specialty goods, cellular and financial services, thereby enabling its customers to get easy access to everyday products and services at adorable prices. Geographically, it generates majority of its revenue from South Africa and also operates in other countries.