GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nordea Bank Abp (OTCPK:NBNKF) » Definitions » Accounts Receivable

Nordea Bank Abp (Nordea Bank Abp) Accounts Receivable : $0 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nordea Bank Abp Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding. Nordea Bank Abp'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. Nordea Bank Abp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-164.64.


Nordea Bank Abp Accounts Receivable Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Accounts Receivable Chart

Nordea Bank Abp 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 - - - - -

Nordea Bank Abp 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 - - - - -

Nordea Bank Abp Accounts Receivable Calculation

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


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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3341.304*91
=0.00

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

Nordea Bank Abp'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)
=(49709.783+0.75 * 0+0.5 * 0-626097.826
-0-0)/3500.8
=-164.64

* 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 Abp Accounts Receivable Related Terms

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


Nordea Bank Abp (Nordea Bank Abp) Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.