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Zambia Reinsurance (LUS:ZMRE) Accounts Receivable : ZMW0.00 Mil (As of . 20)


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What is Zambia Reinsurance Accounts Receivable?

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


Zambia Reinsurance Accounts Receivable Historical Data

The historical data trend for Zambia Reinsurance'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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Zambia Reinsurance Accounts Receivable Chart

Zambia Reinsurance Annual Data
Trend
Accounts Receivable

Zambia Reinsurance Semi-Annual Data
Accounts Receivable

Zambia Reinsurance Accounts Receivable Calculation

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


Zambia Reinsurance 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.

Zambia Reinsurance'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), Zambia Reinsurance's accounts receivable are only considered to be worth 75% of book value:

Zambia Reinsurance'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.


Zambia Reinsurance Accounts Receivable Related Terms

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Zambia Reinsurance Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot 7, Namambozi Road, Fairview, P/B E891, Postnet Box 658, Lusaka, ZMB
Zambia Reinsurance PLC, formerly Prima Reinsurance PLC is a reinsurance company. It is mainly engaged in underwriting all classes of marine and non-marine reinsurance business namely fire, motor, miscellaneous accident, engineering, aviation, and agriculture. The company is also licensed to reinsure life assurance products.

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