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Fynske Bank A/S (OCSE:FYNBK) Accounts Receivable : kr0.0 Mil (As of Dec. 2023)


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What is Fynske Bank A/S Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fynske Bank A/S's accounts receivables for the quarter that ended in Dec. 2023 was kr0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fynske Bank A/S'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. Fynske Bank A/S's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-934.71.


Fynske Bank A/S Accounts Receivable Historical Data

The historical data trend for Fynske Bank A/S'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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Fynske Bank A/S Accounts Receivable Chart

Fynske Bank A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Fynske Bank A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Fynske Bank A/S Accounts Receivable Calculation

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


Fynske Bank A/S 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.

Fynske Bank A/S's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/136.438*91
=0.00

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

Fynske Bank A/S'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)
=(506.75+0.75 * 0+0.5 * 0-7586.88
-0-0)/7.57467
=-934.71

* 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.


Fynske Bank A/S Accounts Receivable Related Terms

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Fynske Bank A/S (OCSE:FYNBK) Business Description

Traded in Other Exchanges
N/A
Address
Centrumpladsen 19, Svendborg, DNK, 5700
Fynske Bank A/S is a bank and financial service provider. Its activities are ordinary banking,consisting of deposits, loans, guarantees, securities trading and currency as well as advice regarding financing, retirement, investment and housing trade. It offers financing, insurance, pension products, investment and asset management services to retail customer market and to small and medium-sized businesses.

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