GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grupo Financiero Banorte SAB de CV (OTCPK:GBOOF) » Definitions » Change In Receivables

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Change In Receivables : $-138 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Grupo Financiero BanorteB de CV Change In Receivables?

Grupo Financiero BanorteB de CV's change in receivables for the quarter that ended in Mar. 2024 was $-596 Mil. It means Grupo Financiero BanorteB de CV's Accounts Receivable increased by $596 Mil from Dec. 2023 to Mar. 2024 .

Grupo Financiero BanorteB de CV's change in receivables for the fiscal year that ended in Dec. 2023 was $-134 Mil. It means Grupo Financiero BanorteB de CV's Accounts Receivable increased by $134 Mil from Dec. 2022 to Dec. 2023 .

Grupo Financiero BanorteB de CV'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. Grupo Financiero BanorteB de CV'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. Grupo Financiero BanorteB de CV's liquidation value for the three months ended in Mar. 2024 was $-121,033 Mil.


Grupo Financiero BanorteB de CV Change In Receivables Historical Data

The historical data trend for Grupo Financiero BanorteB de CV'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.

* Premium members only.

Grupo Financiero BanorteB de CV Change In Receivables Chart

Grupo Financiero BanorteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.13 0.65 33.64 -492.56 -133.97

Grupo Financiero BanorteB de CV 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 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 -557.07 233.86 -106.81 331.00 -595.55

Grupo Financiero BanorteB de CV 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 $-138 Mil.

* 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.


Grupo Financiero BanorteB de CV  (OTCPK:GBOOF) 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.

Grupo Financiero BanorteB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3487.265*91
=0.00

2. In Ben Graham's calculation of liquidation value, Grupo Financiero BanorteB de CV's accounts receivable are only considered to be worth 75% of book value:

Grupo Financiero BanorteB de CV'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)
=7536.164-128569.414+0.75 * 0+0.5 * 0
=-121,033

* 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.


Grupo Financiero BanorteB de CV Change In Receivables Related Terms

Thank you for viewing the detailed overview of Grupo Financiero BanorteB de CV's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Business Description

Traded in Other Exchanges
Address
14th Floor, Avenue Prolongacion Reforma 1230, Col. Cruz Manca Santa Fe, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05349
Grupo Financiero Banorte SAB de CV is a Mexican financial services company. The company offers a wide variety of products and services including banking services, brokerage, wholesale banking, leasing, factoring, insurance, pensions, and retirement savings. It operates locally in Mexico.

Grupo Financiero BanorteB de CV (Grupo Financiero BanorteB de CV) Headlines

From GuruFocus

Banorte Presentation Now Available for On-Demand Viewing

By PRNewswire PRNewswire 04-16-2018

Grupo Financiero Banorte SAB de CV's Dividend Analysis

By GuruFocus Research 10-18-2023