Life Insurance Nepal (XNEP:LICN) Change In Receivables : NPR0 Mil (TTM As of Oct. 2024)

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What is Life Insurance Nepal Change In Receivables?

Life Insurance Nepal's change in receivables for the quarter that ended in Oct. 2024 was NPR0 Mil. It means Life Insurance Nepal's Accounts Receivable stayed the same from Apr. 2024 to Oct. 2024 .

Life Insurance Nepal's change in receivables for the fiscal year that ended in Jul. 2023 was NPR0 Mil. It means Life Insurance Nepal's Accounts Receivable stayed the same from Jul. 2022 to Jul. 2023 .

Life Insurance Nepal's Accounts Receivable for the quarter that ended in Oct. 2024 was NPR30 Mil.

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 Receivable are being managed. Life Insurance Nepal's Days Sales Outstanding for the three months ended in Oct. 2024 was 0.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Life Insurance Nepal's liquidation value for the three months ended in Oct. 2024 was NPR-122,917 Mil.

Life Insurance Nepal Change In Receivables Historical Data

The historical data trend for Life Insurance Nepal's Change In Receivables 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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Life Insurance Nepal Change In Receivables Chart

Life Insurance Nepal Annual Data

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Change In Receivables

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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
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Life Insurance Nepal Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR0 Mil.

Life Insurance Nepal (XNEP:LICN) Change In Receivables 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 Receivable 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 liquidation value, Life Insurance Nepal's accounts receivable are only considered to be worth 75% of book value:

Life Insurance Nepal's liquidation value for the quarter that ended in Oct. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2662.008	-	125600.707	+	0.75 * 29.593	+	0.5 * 0
=	-122,917

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Life Insurance Nepal Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Change In Receivables

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Address

Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL

Website

https://www.licnepal.com.np

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.