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Sampath Bank (COL:SAMP.N0000) Accounts Receivable : රු0 Mil (As of Dec. 2023)


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What is Sampath Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sampath Bank's accounts receivables for the quarter that ended in Dec. 2023 was රු0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sampath Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Sampath Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was රු-1,110.06.


Sampath Bank Accounts Receivable Historical Data

The historical data trend for Sampath Bank'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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Sampath Bank Accounts Receivable Chart

Sampath Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Sampath Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Sampath Bank Accounts Receivable Calculation

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


Sampath Bank 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.

Sampath Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/24829.664*91
=0.00

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

Sampath Bank'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)
=(127779.977+0.75 * 0+0.5 * 0-1429545.496
-0-0)/1172.7
=-1,110.06

* 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.


Sampath Bank Accounts Receivable Related Terms

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Sampath Bank (COL:SAMP.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 110, Sir James Peiris Mawatha, Colombo, LKA, 02
Sampath Bank PLC operates as a commercial bank offering personal, corporate, and electronic banking products and services. The bank also accepts current, savings, term deposits, foreign currency, and clubs and societies accounts, as well as maintains professional accounts. The operating segment of the company is Corporate Banking, Retail and Personal Banking, Dealing/Investment, and Others. It generates maximum revenue from the Retail and Personal Banking segment.

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