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Guaranty Trust Holding Co (FRA:9JO) Accounts Receivable : €0.0 Mil (As of Mar. 2024)


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What is Guaranty Trust Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guaranty Trust Holding Co's accounts receivables for the quarter that ended in Mar. 2024 was €0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guaranty Trust Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guaranty Trust Holding Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-10.51.


Guaranty Trust Holding Co Accounts Receivable Historical Data

The historical data trend for Guaranty Trust Holding 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.

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Guaranty Trust Holding Co Accounts Receivable Chart

Guaranty Trust Holding Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - -

Guaranty Trust Holding Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Guaranty Trust Holding Co Accounts Receivable Calculation

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


Guaranty Trust Holding 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.

Guaranty Trust Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/382.423*91
=0.00

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

Guaranty Trust Holding Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(2296.913+0.75 * 0+0.5 * 0-6760.341
-0-13.34)/426.104
=-10.51

* 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.


Guaranty Trust Holding Co Accounts Receivable Related Terms

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Guaranty Trust Holding Co Business Description

Traded in Other Exchanges
Address
Plot 635, Akin Adesola Street, Victoria Island, Lagos, NGA
Guaranty Trust Holding Co PLC is a multinational financial institution that provides individuals, businesses, private and public institutions across Africa and the United Kingdom with a broad range of market key financial products and services. The company has six reportable segments as follows are Corporate banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Commercial banking which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Business banking Which Incorporates current accounts, deposits, overdrafts, loans and other credit facilities, Retail banking which Incorporates private banking services, private customer current accounts, savings deposits, SME banking and Public sector.

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