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ASA International Group (LSE:ASAI) Accounts Receivable : £0.0 Mil (As of Dec. 2023)


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What is ASA International Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ASA International Group's accounts receivables for the quarter that ended in Dec. 2023 was £0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ASA International Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. ASA International Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-2.71.


ASA International Group Accounts Receivable Historical Data

The historical data trend for ASA International Group'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.

ASA International Group Accounts Receivable Chart

ASA International Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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ASA International Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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ASA International Group Accounts Receivable Calculation

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


ASA International Group 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.

ASA International Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/62.589*91
=0.00

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

ASA International Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(54.91+0.75 * 0+0.5 * 0-326.599
-0--1.046)/100
=-2.71

* 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.


ASA International Group Accounts Receivable Related Terms

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ASA International Group (LSE:ASAI) Business Description

Traded in Other Exchanges
Address
Bir Uttam A.N.M. Nuruzzaman Sarak, ASA Tower, 12th Floor 23/3, Shyamoli, Dhaka, BGD, 1207
ASA International Group PLC is an international micro-finance institution, which aims to enhance financial inclusion among low-income populations throughout Asia and Africa. Its geographical segments include West Africa, which includes Ghana, Nigeria, Sierra Leone; East Africa, which includes Kenya, Uganda, Tanzania, Rwanda; South Asia, which includes India, Pakistan, Sri Lanka; South East Asia, which includes Myanmar, Philippines, and Holding & other non-operating entities, which includes holding entities and other entities without microfinance activities. The majority is from the West Africa.

ASA International Group (LSE:ASAI) Headlines

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