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Newrest ASL Nigeria (NSA:AIRSERVICE) Accounts Receivable : ₦0.00 Mil (As of . 20)


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What is Newrest ASL Nigeria Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Newrest ASL Nigeria's accounts receivables for the quarter that ended in . 20 was ₦0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Newrest ASL Nigeria's Net-Net Working Capital per share for the quarter that ended in . 20 was ₦N/A.


Newrest ASL Nigeria Accounts Receivable Historical Data

The historical data trend for Newrest ASL Nigeria'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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Newrest ASL Nigeria Accounts Receivable Chart

Newrest ASL Nigeria Annual Data
Trend
Accounts Receivable

Newrest ASL Nigeria Quarterly Data
Accounts Receivable

Newrest ASL Nigeria Accounts Receivable Calculation

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


Newrest ASL Nigeria 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.

Newrest ASL Nigeria's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Newrest ASL Nigeria's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Newrest ASL Nigeria Accounts Receivable Related Terms

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Newrest ASL Nigeria (NSA:AIRSERVICE) Business Description

Traded in Other Exchanges
N/A
Address
1, Service Street, P.O.Box 4953, Murtala Mohammed Airport, Ikeja, Lagos, NGA
Newrest ASL Nigeria PLC, formerly Airline Services and Logistics PLC provides catering and hospitality services to international airlines and airports in Nigerian.

Newrest ASL Nigeria (NSA:AIRSERVICE) Headlines

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