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National Bank of Iraq (IQS:BNOI) Accounts Receivable : ع.د0.00 Mil (As of . 20)


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What is National Bank of Iraq Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Bank of Iraq's accounts receivables for the quarter that ended in . 20 was ع.د0.00 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. National Bank of Iraq's Net-Net Working Capital per share for the quarter that ended in . 20 was ع.دN/A.


National Bank of Iraq Accounts Receivable Historical Data

The historical data trend for National Bank of Iraq'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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National Bank of Iraq Accounts Receivable Chart

National Bank of Iraq Annual Data
Trend
Accounts Receivable

National Bank of Iraq Quarterly Data
Accounts Receivable

National Bank of Iraq Accounts Receivable Calculation

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


National Bank of Iraq 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.

National Bank of Iraq'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), National Bank of Iraq's accounts receivable are only considered to be worth 75% of book value:

National Bank of Iraq'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.


National Bank of Iraq Accounts Receivable Related Terms

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National Bank of Iraq (IQS:BNOI) Business Description

Traded in Other Exchanges
N/A
Address
Al-Saadoun street, Near Firdows square, Baghdad, IRQ
National Bank of Iraq provides commercial banking services. It offers personal accounts, loans and credit cards, fund transfers, business accounts, trade finance and credit facilities, portfolio management, Investment funds, and structured products among others. It has more than twenty branches throughout Iraq. It provides banking services to companies and individuals in Iraq.

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