GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Western Alliance Bancorp (NYSE:WAL) » Definitions » Accounts Receivable

Western Alliance Bancorp (Western Alliance Bancorp) Accounts Receivable

: $0 Mil (As of Dec. 2023)
View and export this data going back to 2005. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Western Alliance Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Western Alliance Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Western Alliance Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-542.52.


Western Alliance Bancorp Accounts Receivable Historical Data

The historical data trend for Western Alliance Bancorp'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.

Western Alliance Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Western Alliance Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Western Alliance Bancorp Accounts Receivable Calculation

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


Western Alliance Bancorp 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.

Western Alliance Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/539.2*91
=0.00

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

Western Alliance Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(5692+0.75 * 0+0.5 * 0-64784
-295-0)/109.466
=-542.52

* 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.


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.


Western Alliance Bancorp Accounts Receivable Related Terms

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


Western Alliance Bancorp (Western Alliance Bancorp) Business Description

Address
One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.
Executives
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304
Jessica H Jarvi officer: CLO & Secretary 1 E. WASHINGTON STREET, SUITE1400, PHOENIX AZ 85004
Anthony T Meola director 18400 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Mary E Tuuk director 625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Marianne Boyd Johnson director
Tim R Bruckner officer: EVP, Chief Credit Officer ONE E. WASHINGTON ST., SUITE 1400, PHOENIX AZ 85040
Ardrey J. Kelly Jr. officer: SVP, Chief Accounting Officer ONE E. WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
Kevin M Blakely director HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Paul Galant director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Stephen Russell Curley officer: Chief Banking Ofc.-NBL 5103 E. KELTON LANE, SCOTTSDALE AZ 85254
Emily Nachlas officer: Chief Risk Officer 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
Donald D Snyder director
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dale Gibbons officer: EVP and CFO 2700 W. SAHARA AVE., LAS VEGAS NV 89102
Bryan K Segedi director 1 E WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004