ASFZ (Associates First Capital) Accounts Receivable: $0 Mil (As of Sep. 2000)

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What is Associates First Capital Accounts Receivable?

Associates First Capital ASFZ -99.00% Accounts Receivable is $0 Mil as of Sep. 2000.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Associates First Capital's accounts receivables for the quarter that ended in Sep. 2000 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Associates First Capital's Days Sales Outstanding for the quarter that ended in Sep. 2000 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. Associates First Capital's Net-Net Working Capital per share for the quarter that ended in Sep. 2000 was $-95.68.

Associates First Capital 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.

Associates First Capital's Days Sales Outstanding for the quarter that ended in Sep. 2000 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3029.8*91
=0.00

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

Associates First Capital's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2000 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)
=(12686.7+0.75 * 0+0.5 * 0-82316.4
-0-76.7)/728.553
=-95.68

* 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.

Associates First Capital Accounts Receivable Related Terms

Associates First Capital Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Associates First Capital'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.

Associates First Capital Accounts Receivable Chart

Associates First Capital Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99
Accounts Receivable
0.00 0.00 0.00 0.00 0.00

Associates First Capital Quarterly Data
Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00
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 0.00 0.00 0.00 0.00 0.00

Associates First Capital Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0 Mil mean?
Associates First Capital (ASFZ) has a Accounts Receivable of $0 Mil as of Sep. 2000. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Associates First Capital and its competitors.
Is Associates First Capital's Accounts Receivable too high?
Associates First Capital's current Accounts Receivable is $0 Mil.
How does Associates First Capital's Accounts Receivable compare to JGWE and IEGH?
Associates First Capital's Accounts Receivable of $0 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Credit Services company?
A good Accounts Receivable depends on the Credit Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Associates First Capital and its competitors. Associates First Capital's current Accounts Receivable is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associates First Capital stock overvalued right now?
Associates First Capital (ASFZ) has a current Accounts Receivable of $0 Mil. The current Accounts Receivable is $0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Associates First Capital (ASFZ), the current Accounts Receivable is $0 Mil as of Sep. 2000. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Associates First Capital Business Description

Address 300 Street Paul Place, Baltimore, MD, USA, 75062-2729
Associates First Capital Corp operates in the financial services industry. The organization, provides finance, leasing, insurance, and related services to individual consumers and businesses.