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ICB Islamic Bank (DHA:ICBIBANK) Accounts Receivable : BDT0.00 Mil (As of . 20)


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What is ICB Islamic Bank Accounts Receivable?

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


ICB Islamic Bank Accounts Receivable Historical Data

The historical data trend for ICB Islamic 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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ICB Islamic Bank Accounts Receivable Chart

ICB Islamic Bank Annual Data
Trend
Accounts Receivable

ICB Islamic Bank Semi-Annual Data
Accounts Receivable

ICB Islamic Bank Accounts Receivable Calculation

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


ICB Islamic 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.

ICB Islamic Bank'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), ICB Islamic Bank's accounts receivable are only considered to be worth 75% of book value:

ICB Islamic Bank'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.


ICB Islamic Bank Accounts Receivable Related Terms

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ICB Islamic Bank (DHA:ICBIBANK) Business Description

Traded in Other Exchanges
N/A
Address
13, Kazi Nazrul Islam Avenue, T.K. Bhaban, 15th Floor, Kawran Bazar, Dhaka, BGD, 1215
ICB Islamic Bank Ltd is an Islamic banking company, providing all kinds of commercial banking services. The company is engaged in banking, financial and business activities, transactions and operations in strict compliance with the principles of Islamic Law.

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