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DNB Bank ASA (DNB Bank ASA) Accounts Receivable : $0 Mil (As of Mar. 2024)


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What is DNB Bank ASA Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. DNB Bank ASA'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. DNB Bank ASA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-174.31.


DNB Bank ASA Accounts Receivable Historical Data

The historical data trend for DNB Bank ASA'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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DNB Bank ASA Accounts Receivable Chart

DNB Bank ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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DNB Bank ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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DNB Bank ASA Accounts Receivable Calculation

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


DNB Bank ASA 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1904.241*91
=0.00

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

DNB Bank ASA'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)
=(77423.224+0.75 * 0+0.5 * 0-340536.086
-0-15.737)/1509.56
=-174.31

* 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.


DNB Bank ASA Accounts Receivable Related Terms

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DNB Bank ASA (DNB Bank ASA) Business Description

Address
Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191
DNB Bank ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.

DNB Bank ASA (DNB Bank ASA) Headlines

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