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Nova Banka AD (XBLB:NOVB-R-E) Accounts Receivable : BAM0.0 Mil (As of Jun. 2023)


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What is Nova Banka AD Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nova Banka AD's accounts receivables for the quarter that ended in Jun. 2023 was BAM0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nova Banka AD's Days Sales Outstanding for the quarter that ended in Jun. 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. Nova Banka AD's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was BAM-10.16.


Nova Banka AD Accounts Receivable Historical Data

The historical data trend for Nova Banka AD'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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Nova Banka AD Accounts Receivable Chart

Nova Banka AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
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Nova Banka AD Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Nova Banka AD Accounts Receivable Calculation

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


Nova Banka AD 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.

Nova Banka AD's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/66.478*91
=0.00

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

Nova Banka AD's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(576.533+0.75 * 0+0.5 * 0-2453.347
-0-0)/184.638
=-10.16

* 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.


Nova Banka AD Accounts Receivable Related Terms

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Nova Banka AD (XBLB:NOVB-R-E) Business Description

Traded in Other Exchanges
N/A
Address
37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.

Nova Banka AD (XBLB:NOVB-R-E) Headlines

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