Mutual Benefits Assurance (NSA:MBAS) Change In Receivables : ₦0 Mil (TTM As of Sep. 2023)

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What is Mutual Benefits Assurance Change In Receivables?

Mutual Benefits Assurance's change in receivables for the quarter that ended in Sep. 2023 was ₦0 Mil. It means Mutual Benefits Assurance's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Mutual Benefits Assurance's change in receivables for the fiscal year that ended in Dec. 2022 was ₦0 Mil. It means Mutual Benefits Assurance's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Mutual Benefits Assurance's Accounts Receivable for the quarter that ended in Sep. 2023 was ₦5,239 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. Mutual Benefits Assurance's Days Sales Outstanding for the three months ended in Sep. 2023 was 35.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mutual Benefits Assurance's liquidation value for the three months ended in Sep. 2023 was ₦-51,716 Mil.

Mutual Benefits Assurance Change In Receivables Historical Data

The historical data trend for Mutual Benefits Assurance'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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Mutual Benefits Assurance Change In Receivables Chart

Mutual Benefits Assurance Annual Data

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Change In Receivables

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Mutual Benefits Assurance Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Mutual Benefits Assurance 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦0 Mil.

Mutual Benefits Assurance (NSA:MBAS) 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.

Mutual Benefits Assurance's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5239.367	/	13403.326	*	91
=	35.67

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

Mutual Benefits Assurance's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25593.201	-	81238.415	+	0.75 * 5239.367	+	0.5 * 0
=	-51,716

Mutual Benefits Assurance Change In Receivables Related Terms

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Mutual Benefits Assurance (NSA:MBAS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mutual Benefits Assurance PLC (NSA:MBAS) » Definitions » Change In Receivables

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Address

233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA

Website

https://www.mutualng.com

Mutual Benefits Assurance PLC provides a range of insurance products and services in the areas of life assurance and general insurance. Its segment includes the Assurance business; Real estate and Microfinance. The company's offerings include group Auto Insurance, Health Insurance, Pure Investment Products, Anticipated Endowment, Mutual Annuity Products, and Investment Linked Schemes, among others.

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