GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparekassen Faaborg (OCSE:SPFA) » Definitions » Accounts Receivable

Sparekassen Faaborg (OCSE:SPFA) Accounts Receivable : kr0.0 Mil (As of Jun. 2013)


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

What is Sparekassen Faaborg Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sparekassen Faaborg's accounts receivables for the quarter that ended in Jun. 2013 was kr0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sparekassen Faaborg's Days Sales Outstanding for the quarter that ended in Jun. 2013 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. Sparekassen Faaborg's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was kr-5,235.85.


Sparekassen Faaborg Accounts Receivable Historical Data

The historical data trend for Sparekassen Faaborg'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.

Sparekassen Faaborg Accounts Receivable Chart

Sparekassen Faaborg Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Receivable
Get a 7-Day Free Trial - - - - -

Sparekassen Faaborg Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Sparekassen Faaborg Accounts Receivable Calculation

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


Sparekassen Faaborg 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.

Sparekassen Faaborg's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/74.725*91
=0.00

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

Sparekassen Faaborg's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 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+0.75 * 0+0.5 * 0-5597.128
-0-0)/1.069
=-5,235.85

* 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.


Sparekassen Faaborg Accounts Receivable Related Terms

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


Sparekassen Faaborg (OCSE:SPFA) Business Description

Traded in Other Exchanges
N/A
Address
Sparekassen Faaborg is a regional bank. It provides traditional banking services like deposits, loans, guarantees, bonds, financial instruments & net-banking. It's portfolio of services also include construction financing, factoring, among others.

Sparekassen Faaborg (OCSE:SPFA) Headlines

No Headlines