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Express Insurance (DHA:EIL) Accounts Receivable : BDT0.00 Mil (As of . 20)


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What is Express Insurance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Express Insurance's accounts receivables for the quarter that ended in . 20 was BDT0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Express Insurance's Net-Net Working Capital per share for the quarter that ended in . 20 was BDTN/A.


Express Insurance Accounts Receivable Historical Data

The historical data trend for Express Insurance'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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Express Insurance Accounts Receivable Chart

Express Insurance Annual Data
Trend
Accounts Receivable

Express Insurance Semi-Annual Data
Accounts Receivable

Express Insurance Accounts Receivable Calculation

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


Express Insurance 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.

Express Insurance's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Express Insurance's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Express Insurance Accounts Receivable Related Terms

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Express Insurance (DHA:EIL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
166-167, Shahid Syed Nazrul Islam Sharani, Bijoy Nagar, Al-Razi Complex (9th & 10th floor), Dhaka, BGD, 1000
Express Insurance Ltd operates in the insurance industry in Bangladesh. The company provides fire insurance, motor insurance, cargo insurance, theft insurance, workmen's compensation insurance, and property insurance.

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