GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Evince Textiles Ltd (DHA:ETL) » Definitions » Accounts Receivable

Evince Textiles (DHA:ETL) Accounts Receivable : BDT0.00 Mil (As of . 20)


View and export this data going back to 2016. Start your Free Trial

What is Evince Textiles Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Evince Textiles'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. Evince Textiles's Net-Net Working Capital per share for the quarter that ended in . 20 was BDTN/A.


Evince Textiles Accounts Receivable Historical Data

The historical data trend for Evince Textiles'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.

Evince Textiles Accounts Receivable Chart

Evince Textiles Annual Data
Trend
Accounts Receivable

Evince Textiles Semi-Annual Data
Accounts Receivable

Evince Textiles Accounts Receivable Calculation

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


Evince Textiles 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.

Evince Textiles'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), Evince Textiles's accounts receivable are only considered to be worth 75% of book value:

Evince Textiles'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.


Evince Textiles Accounts Receivable Related Terms

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


Evince Textiles Business Description

Traded in Other Exchanges
N/A
Address
New Airport Road, Lotus Kamal Tower-One (Level-12), 57, Joar Sahara C/A, Nikunja-2, Dhaka, BGD, 1229
Evince Textiles Ltd is engaged in manufacturing, dyeing and finishing cotton woven fabric. It is also engaged in exporting of fabrics. The company also offers readymade garments.

Evince Textiles Headlines

No Headlines