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Life Insurance Nepal (XNEP:LICN) Accounts Receivable : NPR30 Mil (As of Oct. 2024)


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What is Life Insurance Nepal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Life Insurance Nepal's accounts receivables for the quarter that ended in Oct. 2024 was NPR30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Life Insurance Nepal's Days Sales Outstanding for the quarter that ended in Oct. 2024 was 0.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Life Insurance Nepal's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was NPR-2,567.29.


Life Insurance Nepal Accounts Receivable Historical Data

The historical data trend for Life Insurance Nepal'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.

Life Insurance Nepal Accounts Receivable Chart

Life Insurance Nepal Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 17.45 68.88 29.81 22.35

Life Insurance Nepal Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 Premium Member Only 22.35 22.98 22.98 22.98 29.59

Life Insurance Nepal Accounts Receivable Calculation

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


Life Insurance Nepal 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.

Life Insurance Nepal's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.593/7752.056*91
=0.35

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

Life Insurance Nepal's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 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)
=(2662.008+0.75 * 29.593+0.5 * 0-125600.707
-0-0)/47.878
=-2,567.29

* 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.


Life Insurance Nepal Accounts Receivable Related Terms

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Life Insurance Nepal Business Description

Traded in Other Exchanges
N/A
Address
Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL
Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.