GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Security Islami Bank PLC (DHA:FIRSTSBANK) » Definitions » Accounts Receivable

First Security Islami Bank (DHA:FIRSTSBANK) Accounts Receivable : BDT0 Mil (As of Sep. 2022)


View and export this data going back to 2008. Start your Free Trial

What is First Security Islami Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Security Islami Bank's accounts receivables for the quarter that ended in Sep. 2022 was BDT0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Security Islami Bank's Days Sales Outstanding for the quarter that ended in Sep. 2022 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. First Security Islami Bank's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was BDT-411.34.


First Security Islami Bank Accounts Receivable Historical Data

The historical data trend for First Security Islami Bank'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.

First Security Islami Bank Accounts Receivable Chart

First Security Islami Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial - - - - -

First Security Islami Bank Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

First Security Islami Bank Accounts Receivable Calculation

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


First Security Islami Bank 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.

First Security Islami Bank's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3420.656*91
=0.00

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

First Security Islami Bank's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(62912.461+0.75 * 0+0.5 * 0-559491.159
-0-372.021)/1208.14
=-411.34

* 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.


First Security Islami Bank Accounts Receivable Related Terms

Thank you for viewing the detailed overview of First Security Islami Bank's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


First Security Islami Bank (DHA:FIRSTSBANK) Business Description

Traded in Other Exchanges
N/A
Address
Rangs RD Center, Block: SE (F), Plot:03, Gulshan Avenue, Gulshan - 1, Dhaka, BGD, 1212
First Security Islami Bank Ltd is a commercial bank. The bank's activities include accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other services. The company mainly focuses on deposit mobilization and investing activities comprising of short-term, long-term, import, and export financing. The company invests in rural and agriculture, garments, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, printing and packaging, glass, and ceramics.

First Security Islami Bank (DHA:FIRSTSBANK) Headlines

No Headlines