GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NPF Microfinance Bank PLC (NSA:NPFMB) » Definitions » Accounts Receivable

NPF Microfinance Bank (NSA:NPFMB) Accounts Receivable : ₦0 Mil (As of Dec. 2020)


View and export this data going back to 2011. Start your Free Trial

What is NPF Microfinance Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NPF Microfinance Bank's accounts receivables for the quarter that ended in Dec. 2020 was ₦0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NPF Microfinance Bank's Days Sales Outstanding for the quarter that ended in Dec. 2020 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. NPF Microfinance Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was ₦-5.09.


NPF Microfinance Bank Accounts Receivable Historical Data

The historical data trend for NPF Microfinance 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.

NPF Microfinance Bank Accounts Receivable Chart

NPF Microfinance Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Accounts Receivable
- - - -

NPF Microfinance Bank Semi-Annual Data
Dec17 Dec18 Dec19 Dec20
Accounts Receivable - - - -

NPF Microfinance Bank Accounts Receivable Calculation

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


NPF Microfinance 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.

NPF Microfinance Bank's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4244.477*91
=0.00

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

NPF Microfinance Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(5677.888+0.75 * 0+0.5 * 0-19615.391
-0-0)/2736.17
=-5.09

* 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.


NPF Microfinance Bank Accounts Receivable Related Terms

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


NPF Microfinance Bank (NSA:NPFMB) Business Description

Traded in Other Exchanges
N/A
Address
1, Ikoyi Road, Obalende, Aliyu Aa House, Lagos, NGA
NPF Microfinance Bank PLC provides banking products and services to consumers including retail banking, loans and advances, money market activities and financial advisory services.

NPF Microfinance Bank (NSA:NPFMB) Headlines

No Headlines