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Fareast Finance & Investment (DHA:FAREASTFIN) Accounts Receivable : BDT0.00 Mil (As of Sep. 2020)


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What is Fareast Finance & Investment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fareast Finance & Investment's accounts receivables for the quarter that ended in Sep. 2020 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. Fareast Finance & Investment's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was BDT-62.84.


Fareast Finance & Investment Accounts Receivable Historical Data

The historical data trend for Fareast Finance & Investment'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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Fareast Finance & Investment Accounts Receivable Chart

Fareast Finance & Investment Annual Data
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Fareast Finance & Investment Quarterly Data
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Fareast Finance & Investment Accounts Receivable Calculation

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


Fareast Finance & Investment 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.

Fareast Finance & Investment's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-130.207*91
=

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

Fareast Finance & Investment's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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)
=(778.771+0.75 * 0+0.5 * 0-11088.447
-0-0)/164.063
=-62.84

* 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.


Fareast Finance & Investment Accounts Receivable Related Terms

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Fareast Finance & Investment (DHA:FAREASTFIN) Business Description

Traded in Other Exchanges
N/A
Address
52-53, Dilkusha Commercial Area, Eunoos Centre, 8th level, Dhaka, BGD, 1000
Fareast Finance & Investment Ltd provides lease and term finances. It also provides short-term finance, factoring and bond discount and among others. The company's services include Lease Finance, Term Finance, Short Term Finance and Factoring. It include services to clients for all types of machinery, equipment, household durables including vehicle for the purpose of industrial, commercial and personal.

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