Banque Nationale de Belgique (XBRU:BNB) Accounts Receivable : €0.00 Mil (As of Dec. 2023)

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What is Banque Nationale de Belgique Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banque Nationale de Belgique's accounts receivables for the quarter that ended in Dec. 2023 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. Banque Nationale de Belgique's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-622,702.21.

Banque Nationale de Belgique Accounts Receivable Historical Data

The historical data trend for Banque Nationale de Belgique'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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Banque Nationale de Belgique Accounts Receivable Chart

Banque Nationale de Belgique Annual Data

Trend

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Accounts Receivable

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Banque Nationale de Belgique Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Receivable	Get a 7-Day Free Trial													-	-	-	-	-

Banque Nationale de Belgique Accounts Receivable Calculation

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

Banque Nationale de Belgique 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.

Banque Nationale de Belgique's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-3953.922	*	91
=

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

Banque Nationale de Belgique's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(30454.527	+	0.75 * 0	+	0.5 * 0	-	279535.412
-	0	-	0)	/	0.4
=	-622,702.21

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.

Banque Nationale de Belgique Accounts Receivable Related Terms

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Banque Nationale de Belgique (XBRU:BNB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banque Nationale de Belgique SA (XBRU:BNB) » Definitions » Accounts Receivable

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BKB:Germany

Address

Boulevard de Berlaimont 14, Brussels, BEL, 1000

Website

http://www.bnb.be

Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.