International Bancshares (International Bancshares) Change In Receivables : $-17.3 Mil (TTM As of Mar. 2024)

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What is International Bancshares Change In Receivables?

International Bancshares's change in receivables for the quarter that ended in Mar. 2024 was $-1.0 Mil. It means International Bancshares's Accounts Receivable increased by $1.0 Mil from Dec. 2023 to Mar. 2024 .

International Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-19.5 Mil. It means International Bancshares's Accounts Receivable increased by $19.5 Mil from Dec. 2022 to Dec. 2023 .

International Bancshares's Accounts Receivable for the quarter that ended in Mar. 2024 was $66.3 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. International Bancshares's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International Bancshares's liquidation value for the three months ended in Mar. 2024 was $-7,148.7 Mil.

International Bancshares Change In Receivables Historical Data

The historical data trend for International Bancshares'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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International Bancshares Change In Receivables Chart

International Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.18

-1.26

7.29

-15.19

-19.52

International Bancshares 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															-3.23	-4.35	-4.29	-7.64	-1.04

International Bancshares 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 $-17.3 Mil.

International Bancshares (NAS:IBOC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	66.338	/	205.85	*	91
=	29.41

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

International Bancshares'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)
=	5678.583	-	12877.03	+	0.75 * 66.338	+	0.5 * 0
=	-7,148.7

International Bancshares Change In Receivables Related Terms

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International Bancshares (International Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » International Bancshares Corp (NAS:IBOC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359

Website

https://www.ibc.com

International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.

Executives

Sanchez Antonio R Jr	director, 10 percent owner	1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga	director	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez	officer: VICE PRESIDENT	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles	director	1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De	director	1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez	director	1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski	officer: Treasurer/PAO	1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin	officer: VICE PRESIDENT	1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra	director
Imelda Navarro	director, officer: Executive Officer
Leonardo Salinas	director	PO BOX 1359, LAREDO TX 78040
Larry A Norton	director	1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr	director	P O BOX 1359, LAREDO TX 78040
Dennis E Nixon	director, officer: CEO	P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland	director	1200 SAN BERNARDO AVE., LAREDO TX 78040