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Madison Financial Services (LUS:MAFS) Accounts Receivable : ZMW0.00 Mil (As of . 20)


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What is Madison Financial Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Madison Financial Services's accounts receivables for the quarter that ended in . 20 was ZMW0.00 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. Madison Financial Services's Net-Net Working Capital per share for the quarter that ended in . 20 was ZMWN/A.


Madison Financial Services Accounts Receivable Historical Data

The historical data trend for Madison Financial Services'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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Madison Financial Services Accounts Receivable Chart

Madison Financial Services Annual Data
Trend
Accounts Receivable

Madison Financial Services Semi-Annual Data
Accounts Receivable

Madison Financial Services Accounts Receivable Calculation

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


Madison Financial Services 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.

Madison Financial Services'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), Madison Financial Services's accounts receivable are only considered to be worth 75% of book value:

Madison Financial Services'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.


Madison Financial Services Accounts Receivable Related Terms

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Madison Financial Services Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
316 Independence Avenue, P.O. Box 37013, Woodlands, Lusaka, ZMB
Madison Financial Services PLC holds equity investments in financial services companies, such as insurance, micro-finance and deposit taking, asset management, leasing, among others.

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