FITB has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fifth Third Bancorp's accounts receivables for the quarter that ended in Sep. 2015 was $0 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Fifth Third Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2015 was 0.00.
In Ben Grahams calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value. Fifth Third Bancorp's Liquidation Value for the quarter that ended in Sep. 2015 was $-121,643 Mil.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Fifth Third Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:
2. In Ben Grahams calculation of liquidation value, Fifth Third Bancorp's accounts receivable are only considered to be worth 75% of book value:
Fifth Third Bancorp's liquidation value for the quarter that ended in Sep. 2015 is calculated as:
|=||Cash and Cash Equivalents||-||Total Liabilities||+||(0.75 * Account Receivable)||+||(0.5 * Inventory)|
|=||4449||-||126092||+||0.75 * 0||+||0.5 * 0|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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 companys 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.
Fifth Third Bancorp Annual Data
Fifth Third Bancorp Quarterly Data
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.