Bank of Montreal (Bank of Montreal) Accounts Receivable

: $0 Mil (As of Jan. 2024)

View and export this data going back to 1994. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank of Montreal's accounts receivables for the quarter that ended in Jan. 2024 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bank of Montreal's Days Sales Outstanding for the quarter that ended in Jan. 2024 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. Bank of Montreal's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-1,132.29.

Bank of Montreal Accounts Receivable Historical Data

The historical data trend for Bank of Montreal'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.

Bank of Montreal Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Receivable

3,512.02

3,547.44

4,107.29

4,874.72

7,114.94

Bank of Montreal Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable																-	-	-	7,114.94	-

Bank of Montreal Accounts Receivable Calculation

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

Bank of Montreal 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.

Bank of Montreal's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	5697.683	*	91
=	0.00

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

Bank of Montreal's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=	(110522.983	+	0.75 * 0	+	0.5 * 0	-	929362.289
-	2458.467	-	21.605)	/	725.363
=	-1,132.29

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.

Bank of Montreal Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Bank of Montreal's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank of Montreal (Bank of Montreal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Montreal (NYSE:BMO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BZZ:Germany BZZ:Germany BMO.PR.F.PFD:Canada BMO.PR.E.PFD:Canada BMO.PR.Y.PFD:Canada BMO.PR.W.PFD:Canada BMO.PR.T.PFD:Canada BMO.PR.S.PFD:Canada BMO:Canada

Address

129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6

Website

https://www.bmo.com

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.

Executives

Vinita Lee Piper

director

712 WILCREST, SUITE 3020, HOUSTON TX 77042