Iraqi Islamic Bank (IQS:BIIB) Accounts Receivable : ع.د0.00 Mil (As of . 20)

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What is Iraqi Islamic Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Iraqi Islamic Bank's accounts receivables for the quarter that ended in . 20 was ع.د0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Iraqi Islamic Bank's Net-Net Working Capital per share for the quarter that ended in . 20 was ع.دN/A.

Iraqi Islamic Bank Accounts Receivable Historical Data

The historical data trend for Iraqi Islamic 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.

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Iraqi Islamic Bank Accounts Receivable Chart

Iraqi Islamic Bank Annual Data

Trend

Accounts Receivable

Iraqi Islamic Bank Quarterly Data

Accounts Receivable

Iraqi Islamic Bank Accounts Receivable Calculation

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

Iraqi Islamic 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.

Iraqi Islamic Bank's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Iraqi Islamic Bank's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=	(	+	0.75 *	+	0.5 *	-	N/A
-		-	)	/	0
=	N/A

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.

Iraqi Islamic Bank Accounts Receivable Related Terms

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Iraqi Islamic Bank (IQS:BIIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Iraqi Islamic Bank (IQS:BIIB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Ramadan Street, P.O. Box 6003, Al Mansour District, Baghdad, IRQ

Website

https://www.iraqiislamicb.iq

Iraqi Islamic Bank provides financial and banking services. Its service portfolio comprises of personal banking, financial services, corporate banking, and priority banking services. It offers its clients banking services including trade finance services, projects, and banking systems covering corporate finance, investment banking, project finance, trade and commodity finance, capital market products, treasury banking, international banking, securities, and contracting.