ForteBank JSC (XKAZ:ASBN) Change In Receivables : ₸0 Mil (TTM As of Mar. 2024)

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What is ForteBank JSC Change In Receivables?

ForteBank JSC's change in receivables for the quarter that ended in Mar. 2024 was ₸0 Mil. It means ForteBank JSC's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

ForteBank JSC's change in receivables for the fiscal year that ended in Dec. 2023 was ₸0 Mil. It means ForteBank JSC's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

ForteBank JSC's Accounts Receivable for the quarter that ended in Mar. 2024 was ₸0 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. ForteBank JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ForteBank JSC's liquidation value for the three months ended in Mar. 2024 was ₸-2,235,562 Mil.

ForteBank JSC Change In Receivables Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Change In Receivables Chart

ForteBank JSC Annual Data

Trend

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Change In Receivables

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ForteBank JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

ForteBank JSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₸0 Mil.

ForteBank JSC (XKAZ:ASBN) 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.

ForteBank JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	64654	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, ForteBank JSC's accounts receivable are only considered to be worth 75% of book value:

ForteBank JSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	869765	-	3105327	+	0.75 * 0	+	0.5 * 0
=	-2,235,562

ForteBank JSC Change In Receivables Related Terms

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ForteBank JSC (XKAZ:ASBN) Business Description

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Address

Dostyk Street, 8/1, Astana, KAZ, 010017

Website

https://www.forte.bank

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

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