GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal National Mortgage Association Fannie Mae (LTS:0IL0) » Definitions » Accounts Receivable

Federal National Mortgage Association Fannie Mae (LTS:0IL0) Accounts Receivable : $10,724 Mil (As of Dec. 2023)


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

What is Federal National Mortgage Association Fannie Mae Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Federal National Mortgage Association Fannie Mae's accounts receivables for the quarter that ended in Dec. 2023 was $10,724 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Federal National Mortgage Association Fannie Mae's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 127.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Federal National Mortgage Association Fannie Mae's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3,750.40.


Federal National Mortgage Association Fannie Mae Accounts Receivable Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

Federal National Mortgage Association Fannie Mae Accounts Receivable Chart

Federal National Mortgage Association Fannie Mae 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 8,604.00 9,937.00 9,264.00 9,821.00 10,724.00

Federal National Mortgage Association Fannie Mae Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9,821.00 9,780.00 9,930.00 10,462.00 10,724.00

Federal National Mortgage Association Fannie Mae Accounts Receivable Calculation

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


Federal National Mortgage Association Fannie Mae 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.

Federal National Mortgage Association Fannie Mae's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10724/7680*91
=127.42

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Federal National Mortgage Association Fannie Mae's accounts receivable are only considered to be worth 75% of book value:

Federal National Mortgage Association Fannie Mae's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(36381+0.75 * 10724+0.5 * 0-4247755
-139966-0)/1158.09
=-3,750.40

* 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.


Federal National Mortgage Association Fannie Mae Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Federal National Mortgage Association Fannie Mae's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal National Mortgage Association Fannie Mae (LTS:0IL0) Business Description

Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.

Federal National Mortgage Association Fannie Mae (LTS:0IL0) Headlines

No Headlines