GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banif – Banco Internacional do Funchal (XLIS:BANIF) » Definitions » Accounts Receivable

Banif – Banco Internacional do Funchal (XLIS:BANIF) Accounts Receivable : €0.00 Mil (As of Sep. 2015)


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

What is Banif – Banco Internacional do Funchal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banif – Banco Internacional do Funchal's accounts receivables for the quarter that ended in Sep. 2015 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banif – Banco Internacional do Funchal's Days Sales Outstanding for the quarter that ended in Sep. 2015 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. Banif – Banco Internacional do Funchal's Net-Net Working Capital per share for the quarter that ended in Sep. 2015 was €-0.10.


Banif – Banco Internacional do Funchal Accounts Receivable Historical Data

The historical data trend for Banif – Banco Internacional do Funchal'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.

Banif – Banco Internacional do Funchal Accounts Receivable Chart

Banif – Banco Internacional do Funchal Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial - - - - -

Banif – Banco Internacional do Funchal Quarterly Data
Dec08 Dec09 Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Banif – Banco Internacional do Funchal Accounts Receivable Calculation

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


Banif – Banco Internacional do Funchal 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.

Banif – Banco Internacional do Funchal's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/45.1*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Banif – Banco Internacional do Funchal's accounts receivable are only considered to be worth 75% of book value:

Banif – Banco Internacional do Funchal's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2015 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 * 0-11280.8
-0-19.5)/115639
=-0.10

* 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.


Banif – Banco Internacional do Funchal Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Banif – Banco Internacional do Funchal's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Banif – Banco Internacional do Funchal (XLIS:BANIF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Banif - Banco Internacional do Funchal provides banking products and services to companies, institutional clients, and private customers, as well as to personal customers, small businesses, and independent professionals.

Banif – Banco Internacional do Funchal (XLIS:BANIF) Headlines

No Headlines