Pohjola Pankki Oyj (LTS:0ICL) Accounts Receivable : €0 Mil (As of Mar. 2016)

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What is Pohjola Pankki Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pohjola Pankki Oyj's accounts receivables for the quarter that ended in Mar. 2016 was €0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pohjola Pankki Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2016 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. Pohjola Pankki Oyj's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was €-175.26.

Pohjola Pankki Oyj Accounts Receivable Historical Data

The historical data trend for Pohjola Pankki Oyj'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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Pohjola Pankki Oyj Accounts Receivable Chart

Pohjola Pankki Oyj Annual Data

Trend

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Accounts Receivable

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Pohjola Pankki Oyj Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Pohjola Pankki Oyj Accounts Receivable Calculation

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

Pohjola Pankki Oyj 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.

Pohjola Pankki Oyj's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	229	*	91
=	0.00

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

Pohjola Pankki Oyj's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 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	+	0.75 * 0	+	0.5 * 0	-	55891
-	0	-	112)	/	319.551
=	-175.26

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.

Pohjola Pankki Oyj Accounts Receivable Related Terms

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Pohjola Pankki Oyj (LTS:0ICL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pohjola Pankki Oyj (LTS:0ICL) » Definitions » Accounts Receivable

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Address

Website

https://www.pohjola.fi

Pohjola Pankki Oyj, provides banking, non-life insurance and wealth management services. It serves businesses, institutions and private individuals and provides banking and insurance services to customers while supporting corporate customers' business.. The Company operates through the following three business segments: Banking, Asset Management, and Non-life Insurance. The banking segment provides corporate and institutional customers with solutions for their financing and financial management needs. Banking consists of the following divisions: Corporate Banking, Markets and Baltic Banking. Companies within Banking are the member banks, Helsinki OP Bank PLC, OP-Kotipankki Oyj, OP Mortgage Bank and OP Fund Management Company Ltd and certain smaller companies supporting banking services in its entirety. The Company's Banking and Asset Management segments are also included under OP-Pohjola Group's Banking. The operations of OP Bank Group Mutual Insurance Company's are also included under Banking as the company's business consists of credit insurance to OP-Pohjola Group's retail banks. The Wealth Management Segment comprises the following operations: OP Life Assurance Company Ltd and Aurum Investment Insurance Ltd engaged in the Company's life and pension insurance business, OP Fund Management Company Ltd engaged in mutual fund business, and Pohjola Group's Asset Management segment. The Non-life Insurance segment encompasses the operations of OP-Pohjola Group's non-life insurance companies, i.e. Pohjola Insurance Ltd, Eurooppalainen Insurance Company Ltd, A-Insurance Ltd, the Seesam companies operating in the Baltic countries, as well as the operations of service companies supporting non-life insurance. Non-life insurance products include non-life insurance policies sold to corporate and private customers.

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