GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Asia PLC (DHA:BANKASIA) » Definitions » Accounts Receivable

Bank Asia (DHA:BANKASIA) Accounts Receivable : BDT0 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Bank Asia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank Asia's accounts receivables for the quarter that ended in Mar. 2024 was BDT0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bank Asia'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. Bank Asia's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was BDT-366.00.


Bank Asia Accounts Receivable Historical Data

The historical data trend for Bank Asia'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.

Bank Asia Accounts Receivable Chart

Bank Asia 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 - - - - -

Bank Asia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Bank Asia Accounts Receivable Calculation

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


Bank Asia 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.

Bank Asia's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/6227.707*91
=0.00

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

Bank Asia'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)
=(39891.703+0.75 * 0+0.5 * 0-466619.827
-0-0.01)/1165.91
=-366.00

* 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.


Bank Asia Accounts Receivable Related Terms

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


Bank Asia (DHA:BANKASIA) Business Description

Traded in Other Exchanges
N/A
Address
32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215
Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

Bank Asia (DHA:BANKASIA) Headlines

No Headlines