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Nordea Bank Polska (WAR:NDA) Accounts Receivable : zł0.0 Mil (As of Sep. 2014)


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What is Nordea Bank Polska Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nordea Bank Polska's accounts receivables for the quarter that ended in Sep. 2014 was zł0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nordea Bank Polska's Days Sales Outstanding for the quarter that ended in Sep. 2014 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. Nordea Bank Polska's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was zł-436.89.


Nordea Bank Polska Accounts Receivable Historical Data

The historical data trend for Nordea Bank Polska'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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Nordea Bank Polska Accounts Receivable Chart

Nordea Bank Polska Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
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Nordea Bank Polska Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Nordea Bank Polska Accounts Receivable Calculation

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


Nordea Bank Polska 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.

Nordea Bank Polska's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/191.377*91
=0.00

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

Nordea Bank Polska's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 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+0.75 * 0+0.5 * 0-27888.383
-0-0)/63.8338
=-436.89

* 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.


Nordea Bank Polska Accounts Receivable Related Terms

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Nordea Bank Polska (WAR:NDA) Business Description

Traded in Other Exchanges
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Address
Nordea Bank Polska S.A. is engaged in banking and financial services via Internet, telephone, SMS, and the branch network. Its services include Nordea account, the account eFirma and eFirma and low-interest loans and deposits.

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