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MIDAS Financing (DHA:MIDASFIN) Accounts Receivable : BDT0.00 Mil (As of . 20)


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What is MIDAS Financing Accounts Receivable?

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


MIDAS Financing Accounts Receivable Historical Data

The historical data trend for MIDAS Financing'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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MIDAS Financing Accounts Receivable Chart

MIDAS Financing Annual Data
Trend
Accounts Receivable

MIDAS Financing Semi-Annual Data
Accounts Receivable

MIDAS Financing Accounts Receivable Calculation

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


MIDAS Financing 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.

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

MIDAS Financing'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.


MIDAS Financing Accounts Receivable Related Terms

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MIDAS Financing Business Description

Traded in Other Exchanges
N/A
Address
Road No. 16 (New), 27 (Old), MIDAS Center, House No.05, Dhanmondi R/A, Dhaka, BGD, 1209
MIDAS Financing PLC operates as a financial Institution in Bangladesh. It provides financial services such as small and medium enterprise (SME) finance, lease finance, auto finance, term finance, micro industries finance, consumers finance, housing finance, loan against lien of securities and others.

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