GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bank for Africa PLC (GREY:UBKZF) » Definitions » Accounts Receivable

United Bank for Africa (United Bank for Africa) Accounts Receivable : $0 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is United Bank for Africa Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Bank for Africa's accounts receivables for the quarter that ended in Mar. 2024 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Bank for Africa's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Bank for Africa's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-58.79.


United Bank for Africa Accounts Receivable Historical Data

The historical data trend for United Bank for Africa'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.

United Bank for Africa Accounts Receivable Chart

United Bank for Africa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

United Bank for Africa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

United Bank for Africa Accounts Receivable Calculation

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


United Bank for Africa 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.

United Bank for Africa's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/251.046*91
=0.00

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

United Bank for Africa's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(5164.57+0.75 * 0+0.5 * 0-15158.904
-0-58.242)/170.997
=-58.79

* 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.


United Bank for Africa Accounts Receivable Related Terms

Thank you for viewing the detailed overview of United Bank for Africa's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


United Bank for Africa (United Bank for Africa) Business Description

Traded in Other Exchanges
Address
57 Marina, UBA House, Lagos, NGA
United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments of the company are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.

United Bank for Africa (United Bank for Africa) Headlines

No Headlines