Abbey Mortgage Bank (NSA:ABBEYBDS) Accounts Receivable : ₦0 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Abbey Mortgage Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abbey Mortgage Bank's accounts receivables for the quarter that ended in Dec. 2023 was ₦0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Abbey Mortgage Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Abbey Mortgage Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₦-3.49.

Abbey Mortgage Bank Accounts Receivable Historical Data

The historical data trend for Abbey Mortgage Bank'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.

* Premium members only.

Abbey Mortgage Bank Accounts Receivable Chart

Abbey Mortgage Bank Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

Abbey Mortgage Bank Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Abbey Mortgage Bank Accounts Receivable Calculation

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

Abbey Mortgage Bank 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.

Abbey Mortgage Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	3220.643	*	91
=	0.00

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

Abbey Mortgage Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(13534.122	+	0.75 * 0	+	0.5 * 0	-	48972.544
-	0	-	0)	/	10153.8
=	-3.49

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.

Abbey Mortgage Bank Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Abbey Mortgage Bank's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Abbey Mortgage Bank (NSA:ABBEYBDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Abbey Mortgage Bank PLC (NSA:ABBEYBDS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA

Website

http://www.abbeymortgagebank.com

Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

Abbey Mortgage Bank (NSA:ABBEYBDS) Headlines

No Headlines