ABSA Bank Kenya (NAI:ABSA) Change In Receivables : KES0 Mil (TTM As of Mar. 2024)

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What is ABSA Bank Kenya Change In Receivables?

ABSA Bank Kenya's change in receivables for the quarter that ended in Mar. 2024 was KES0 Mil. It means ABSA Bank Kenya's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

ABSA Bank Kenya's change in receivables for the fiscal year that ended in Dec. 2023 was KES0 Mil. It means ABSA Bank Kenya's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

ABSA Bank Kenya's Accounts Receivable for the quarter that ended in Mar. 2024 was KES0 Mil.

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 Receivable are being managed. ABSA Bank Kenya's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ABSA Bank Kenya's liquidation value for the three months ended in Mar. 2024 was KES-389,569 Mil.

ABSA Bank Kenya Change In Receivables Historical Data

The historical data trend for ABSA Bank Kenya's Change In Receivables 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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ABSA Bank Kenya Change In Receivables Chart

ABSA Bank Kenya Annual Data

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Change In Receivables

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ABSA Bank Kenya Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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ABSA Bank Kenya Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KES0 Mil.

ABSA Bank Kenya (NAI:ABSA) Change In Receivables 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 Receivable are being managed.

ABSA Bank Kenya'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	/	16464.398	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, ABSA Bank Kenya's accounts receivable are only considered to be worth 75% of book value:

ABSA Bank Kenya's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	33083.925	-	422652.616	+	0.75 * 0	+	0.5 * 0
=	-389,569

ABSA Bank Kenya Change In Receivables Related Terms

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ABSA Bank Kenya (NAI:ABSA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » Change In Receivables

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Address

Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100

Website

https://www.absabank.co.ke

ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

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