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Allbanc Split (TSX:ABK.PR.C.PFD) Accounts Receivable : C$0.00 Mil (As of Aug. 2017)


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What is Allbanc Split Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allbanc Split's accounts receivables for the quarter that ended in Aug. 2017 was C$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. Allbanc Split's Net-Net Working Capital per share for the quarter that ended in Aug. 2017 was C$N/A.


Allbanc Split Accounts Receivable Historical Data

The historical data trend for Allbanc Split'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.

* Premium members only.

Allbanc Split Accounts Receivable Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Accounts Receivable
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Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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Allbanc Split Accounts Receivable Calculation

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


Allbanc Split 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.

Allbanc Split's Days Sales Outstanding for the quarter that ended in Aug. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-3.024*91
=

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

Allbanc Split's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2017 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)
=(51.437+0.75 * 0+0.5 * 0-16.644
-0-0)/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.


Allbanc Split Accounts Receivable Related Terms

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Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

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