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Fubon Financial Holdings Co (TPE:2881) Accounts Receivable : NT$0 Mil (As of Dec. 2023)


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What is Fubon Financial Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fubon Financial Holdings Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fubon Financial Holdings Co'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. Fubon Financial Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-733.76.


Fubon Financial Holdings Co Accounts Receivable Historical Data

The historical data trend for Fubon Financial Holdings Co'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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Fubon Financial Holdings Co Accounts Receivable Chart

Fubon Financial Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Fubon Financial Holdings Co 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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Fubon Financial Holdings Co Accounts Receivable Calculation

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


Fubon Financial Holdings Co 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.

Fubon Financial Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/15803.702*91
=0.00

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

Fubon Financial Holdings Co'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)
=(770012.893+0.75 * 0+0.5 * 0-10289706.417
-15999.9-14168.572)/13015
=-733.76

* 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.


Fubon Financial Holdings Co Accounts Receivable Related Terms

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Fubon Financial Holdings Co (TPE:2881) Business Description

Traded in Other Exchanges
Address
No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104
Fubon Financial Holdings Co Ltd is a full-service financial holding company. The company's segments include Bank business; Insurance business; Life insurance business; Securities business and others. It generates maximum revenue from Insurance business segment. The Insurance business segment provides a variety of life and property insurance services. Its Bank business segment is engaged in banking business. Geographically, it derives a majority of its revenue from Taiwan.

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