Takaful Islami Insurance (DHA:TAKAFULINS) Accounts Receivable : BDT0.00 Mil (As of . 20)

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What is Takaful Islami Insurance Accounts Receivable?

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

Takaful Islami Insurance Accounts Receivable Historical Data

The historical data trend for Takaful Islami Insurance'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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Takaful Islami Insurance Accounts Receivable Chart

Takaful Islami Insurance Annual Data

Trend

Accounts Receivable

Takaful Islami Insurance Semi-Annual Data

Accounts Receivable

Takaful Islami Insurance Accounts Receivable Calculation

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

Takaful Islami Insurance 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.

Takaful Islami Insurance's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Takaful Islami Insurance'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

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.

Takaful Islami Insurance Accounts Receivable Related Terms

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Takaful Islami Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Islami Insurance PLC (DHA:TAKAFULINS) » Definitions » Accounts Receivable

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Address

DIT Extension Road, Monir Tower (7th, 8th, 9th Floor) 167/1, Motijheel (Fakirapool), Dhaka, BGD, 1000

Website

https://www.takaful.com.bd

Takaful Islami Insurance PLC is one of the insurance companies doing insurance business based on Islamic Shariah in the private sector. The company insures all traditional lines of non-life insurance businesses viz. - Fire & allied risks including flood, cyclone, earthquake, Typhoon, malicious damage, burglary, riot, strike, damage, housebreaking, industrial all risks, DOS, machinery break-down, loss of profit, business interruption, CAR/EAR, personal accident including workmen compensation, motor insurance of all descriptions & value, Travel medical & medical insurance including treatment abroad to name a few broad lines.

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