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Prime Textile Spinning Mills (DHA:PRIMETEX) Accounts Receivable : BDT0.00 Mil (As of . 20)


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What is Prime Textile Spinning Mills Accounts Receivable?

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


Prime Textile Spinning Mills Accounts Receivable Historical Data

The historical data trend for Prime Textile Spinning Mills'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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Prime Textile Spinning Mills Accounts Receivable Chart

Prime Textile Spinning Mills Annual Data
Trend
Accounts Receivable

Prime Textile Spinning Mills Semi-Annual Data
Accounts Receivable

Prime Textile Spinning Mills Accounts Receivable Calculation

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


Prime Textile Spinning Mills 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.

Prime Textile Spinning Mills'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), Prime Textile Spinning Mills's accounts receivable are only considered to be worth 75% of book value:

Prime Textile Spinning Mills'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.


Prime Textile Spinning Mills Accounts Receivable Related Terms

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Prime Textile Spinning Mills Business Description

Traded in Other Exchanges
N/A
Address
Sena Kalyan Bhaban, Motijheel C/A, Dhaka, BGD, 1000
Prime Textile Spinning Mills Ltd is engaged in the production of yarn spinning mills. It produces cotton yarn and textile products which is supplied to the knit garment industries. The company manufactures and markets export quality Knit/Woven cotton and mixed yarn.

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