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Lumbini Finance (XNEP:LFLC) Accounts Receivable : NPR0.0 Mil (As of Jan. 2018)


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What is Lumbini Finance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lumbini Finance's accounts receivables for the quarter that ended in Jan. 2018 was NPR0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lumbini Finance's Days Sales Outstanding for the quarter that ended in Jan. 2018 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. Lumbini Finance's Net-Net Working Capital per share for the quarter that ended in Jan. 2018 was NPR-885.13.


Lumbini Finance Accounts Receivable Historical Data

The historical data trend for Lumbini Finance'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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Lumbini Finance Accounts Receivable Chart

Lumbini Finance Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
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Lumbini Finance Quarterly Data
Jul12 Jan13 Apr13 Jul13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Oct17 Jan18
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Lumbini Finance Accounts Receivable Calculation

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


Lumbini Finance 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.

Lumbini Finance's Days Sales Outstanding for the quarter that ended in Jan. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/254.412*91
=0.00

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

Lumbini Finance's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2018 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)
=(3707.477+0.75 * 0+0.5 * 0-21488.601
-0-0)/20.0888
=-885.13

* 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.


Lumbini Finance Accounts Receivable Related Terms

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Lumbini Finance (XNEP:LFLC) Business Description

Traded in Other Exchanges
N/A
Address
Thamel, Kathmandu, NPL
Lumbini Finance Ltd is engaged in providing deposits and loan products. It offers saving deposits, fixed deposit, call deposit, provident fund, hire purchase, housing and term loan, project and personal loan and sector loan.

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