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Iraqi Middle East Investment Bank (IQS:BIME) Accounts Receivable : ع.د0.00 Mil (As of . 20)


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What is Iraqi Middle East Investment Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Iraqi Middle East Investment Bank's accounts receivables for the quarter that ended in . 20 was ع.د0.00 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. Iraqi Middle East Investment Bank's Net-Net Working Capital per share for the quarter that ended in . 20 was ع.دN/A.


Iraqi Middle East Investment Bank Accounts Receivable Historical Data

The historical data trend for Iraqi Middle East Investment Bank'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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Iraqi Middle East Investment Bank Accounts Receivable Chart

Iraqi Middle East Investment Bank Annual Data
Trend
Accounts Receivable

Iraqi Middle East Investment Bank Quarterly Data
Accounts Receivable

Iraqi Middle East Investment Bank Accounts Receivable Calculation

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


Iraqi Middle East Investment Bank 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.

Iraqi Middle East Investment Bank'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), Iraqi Middle East Investment Bank's accounts receivable are only considered to be worth 75% of book value:

Iraqi Middle East Investment Bank'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.


Iraqi Middle East Investment Bank Accounts Receivable Related Terms

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Iraqi Middle East Investment Bank (IQS:BIME) Business Description

Traded in Other Exchanges
N/A
Address
District 929, Street 25, P. O. Box 10379, Building 14-48/332, Babylon District, Arsat Al-Hindiyah, Baghdad, IRQ
Iraqi Middle East Investment Bank operates as a commercial bank. It offers credit facilities, short, medium, and long-term loans, domestic and international bank guarantees, letters of credit, fund transfers, and current and savings accounts among others. It also engaged in the management of investment portfolios.

Iraqi Middle East Investment Bank (IQS:BIME) Headlines

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