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National Investment Trust (MSW:NITL) Accounts Receivable : MWK0.00 Mil (As of . 20)


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What is National Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Investment Trust's accounts receivables for the quarter that ended in . 20 was MWK0.00 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 Investment Trust's Net-Net Working Capital per share for the quarter that ended in . 20 was MWKN/A.


National Investment Trust Accounts Receivable Historical Data

The historical data trend for National Investment Trust'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 Investment Trust Accounts Receivable Chart

National Investment Trust Annual Data
Trend
Accounts Receivable

National Investment Trust Semi-Annual Data
Accounts Receivable

National Investment Trust Accounts Receivable Calculation

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


National Investment Trust 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 Investment Trust'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 Investment Trust's accounts receivable are only considered to be worth 75% of book value:

National Investment Trust'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 Investment Trust Accounts Receivable Related Terms

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National Investment Trust (MSW:NITL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House, 19 Glyn Jones Road, Post Office Box 910, Blantyre, MWI
National Investment Trust PLC is a closed-end collective investment scheme company. The principal objective of the company is to provide a vehicle to facilitate broad public participation in a diverse portfolio of equity investments in Malawi. Its portfolio consists of equity investments, bonds, property and equity of property companies and money market investments. The investment portfolio is managed with a view to providing shareholders with a return by way of both annual income and capital growth. It derives revenue in the form of dividend and interest income.

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