Sina Finance and Credit Co (XTEH:VSIN1) Accounts Receivable : IRR0 Mil (As of Mar. 2014)

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

What is Sina Finance and Credit Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sina Finance and Credit Co's accounts receivables for the quarter that ended in Mar. 2014 was IRR0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sina Finance and Credit Co's Days Sales Outstanding for the quarter that ended in Mar. 2014 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. Sina Finance and Credit Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was IRR-79,393.33.

Sina Finance and Credit Co Accounts Receivable Historical Data

The historical data trend for Sina Finance and Credit 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.

* Premium members only.

Sina Finance and Credit Co Accounts Receivable Chart

Sina Finance and Credit Co Annual Data

Trend

Mar12

Mar13

Mar14

Accounts Receivable

Sina Finance and Credit Co Semi-Annual Data
	Mar12	Mar13	Mar14
Accounts Receivable	-	-	-

Sina Finance and Credit Co Accounts Receivable Calculation

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

Sina Finance and Credit 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.

Sina Finance and Credit Co's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	7471373	*	91
=	0.00

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

Sina Finance and Credit Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 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)
=	(39636000	+	0.75 * 0	+	0.5 * 0	-	111090000
-	0	-	0)	/	900
=	-79,393.33

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.

Sina Finance and Credit Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Sina Finance and Credit Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 187 Motahari Avenue, Tehran, IRN, 1587998411

Website

http://www.sinabank.ir

Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

Sina Finance and Credit Co (XTEH:VSIN1) Headlines

No Headlines