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Petrocommerce Bank JSC (RTC:PETR) Accounts Receivable : ₽0 Mil (As of Dec. 2014)


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What is Petrocommerce Bank JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Petrocommerce Bank JSC's accounts receivables for the quarter that ended in Dec. 2014 was ₽0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Petrocommerce Bank JSC's Days Sales Outstanding for the quarter that ended in Dec. 2014 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. Petrocommerce Bank JSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was ₽-357.93.


Petrocommerce Bank JSC Accounts Receivable Historical Data

The historical data trend for Petrocommerce Bank JSC'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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Petrocommerce Bank JSC Accounts Receivable Chart

Petrocommerce Bank JSC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
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Petrocommerce Bank JSC Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
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Petrocommerce Bank JSC Accounts Receivable Calculation

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


Petrocommerce Bank JSC 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.

Petrocommerce Bank JSC's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1516.259*91
=0.00

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

Petrocommerce Bank JSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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 * 0-239875.842
-0-0)/670.175
=-357.93

* 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.


Petrocommerce Bank JSC Accounts Receivable Related Terms

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Petrocommerce Bank JSC (RTC:PETR) Business Description

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