Progressive Life Insurance Co (DHA:PROGRESLIF) Accounts Receivable: BDT0.00 Mil (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:PROGRESLIF Progressive Life Insurance Co Ltd DHA:PROGRESLIF
21 GF Score
Price BDT41.10
View Full Analysis

What is Progressive Life Insurance Co Accounts Receivable?

Progressive Life Insurance Co DHA:PROGRESLIF +0.49% 21 Accounts Receivable is BDT0.00 Mil as of . 20. GuruFocus rates DHA:PROGRESLIF with a GF Score™ of 21/100.

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


Progressive Life Insurance Co 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.

Progressive Life Insurance Co'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), Progressive Life Insurance Co's accounts receivable are only considered to be worth 75% of book value:

Progressive Life Insurance Co'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.


Progressive Life Insurance Co Accounts Receivable Related Terms


Progressive Life Insurance Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Progressive Life Insurance Co'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.

Progressive Life Insurance Co Accounts Receivable Chart

Progressive Life Insurance Co Annual Data
Trend
Accounts Receivable

Progressive Life Insurance Co Semi-Annual Data
Accounts Receivable
DHA:PROGRESLIF
21GF Score
Progressive Life Insurance Co Ltd DHA:PROGRESLIF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Progressive Life Insurance Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of BDT0.00 Mil mean?
Progressive Life Insurance Co (DHA:PROGRESLIF) has a Accounts Receivable of BDT0.00 Mil as of . 20. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Progressive Life Insurance Co and its competitors.
Is Progressive Life Insurance Co's Accounts Receivable too high?
Progressive Life Insurance Co's current Accounts Receivable is BDT0.00 Mil. Overall, Progressive Life Insurance Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Progressive Life Insurance Co's Accounts Receivable compare to MDWT and EMGC?
Progressive Life Insurance Co's Accounts Receivable of BDT0.00 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Insurance company?
A good Accounts Receivable depends on the Insurance industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Progressive Life Insurance Co and its competitors. Progressive Life Insurance Co's current Accounts Receivable is BDT0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Life Insurance Co stock overvalued right now?
Progressive Life Insurance Co (DHA:PROGRESLIF) has a current Accounts Receivable of BDT0.00 Mil. The current Accounts Receivable is BDT0.00 Mil. Progressive Life Insurance Co's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Progressive Life Insurance Co (DHA:PROGRESLIF), the current Accounts Receivable is BDT0.00 Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Progressive Life Insurance Co Business Description

Address Anjuman Mufidul Islam Road, National Scout Bhaban 6th,7th & 8th Floor, Kakrail, Dhaka, BGD, 1000
Progressive Life Insurance Co Ltd provides various life insurance products and services in Bangladesh. It is engaged in a different portfolio of traditional life insurance business i.e. Ordinary Life, Group Life including pension, health scheme, and micro life insurance business under names of Sujan Bima and Surrid Bima.
21GF Score

Get the complete analysis for DHA:PROGRESLIF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT41.10
Price