Trustco Bank N Y (Trustco Bank N Y) Change In Receivables : $-2.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Trustco Bank N Y Change In Receivables?

Trustco Bank N Y's change in receivables for the quarter that ended in Dec. 2023 was $-1.7 Mil. It means Trustco Bank N Y's Accounts Receivable increased by $1.7 Mil from Sep. 2023 to Dec. 2023 .

Trustco Bank N Y's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.3 Mil. It means Trustco Bank N Y's Accounts Receivable increased by $2.3 Mil from Dec. 2022 to Dec. 2023 .

Trustco Bank N Y's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.0 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. Trustco Bank N Y's Days Sales Outstanding for the three months ended in Dec. 2023 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. Trustco Bank N Y's liquidation value for the three months ended in Dec. 2023 was $-5,021.3 Mil.

Trustco Bank N Y Change In Receivables Historical Data

The historical data trend for Trustco Bank N Y'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.

Trustco Bank N Y Change In Receivables Chart

Trustco Bank N Y Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

2.48

-0.36

0.78

2.51

-2.27

Trustco Bank N Y 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															5.26	-4.13	-1.72	-1.68	-

Trustco Bank N Y 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.3 Mil.

Trustco Bank N Y (NAS:TRST) 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.

Trustco Bank N Y'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	/	43.081	*	91
=	0.00

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

Trustco Bank N Y's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	501.563	-	5522.906	+	0.75 * 0	+	0.5 * 0
=	-5,021.3

Trustco Bank N Y Change In Receivables Related Terms

Thank you for viewing the detailed overview of Trustco Bank N Y's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Trustco Bank N Y (Trustco Bank N Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trustco Bank Corp N Y (NAS:TRST) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TC50:Germany

Address

5 Sarnowski Drive, Glenville, NY, USA, 12302

Website

https://www.trustcobank.com

Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.

Executives

Frank B Silverman	director	C/O TRUSTCO BANK, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert J Mccormick	director, officer: PRES. & CEO TRUSTCO BANK CORP	C/O TRUSTCO BANK COMPANY, 5 SARNOUSKI DR, GLENVILLE NY 12302
Michael James Hall	officer: SECRETARY	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Kevin M Curley	officer: SENIOR VICE PRESIDENT	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Eric W Schreck	officer: TREASURER	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Robert M Leonard	officer: AVP & Assistant Secretary	5 SARNOWSKI DR, GELNVILLE NY 12302
Steffani Cotugno	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Michael M Ozimek	officer: SVP & CFO	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Curtis N Powell	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12303
Scot R Salvador	officer: Chief Banking Officer & EVP
Lisa M Reutter	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
De Gennaro Dennis A	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE NY 12302
Kimberly Adams Russell	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
Alejandro M Sanchez	director	C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302
William D Powers	director	C/O TRUSTCO BANK CORP, 5 SARNOWSKI DRIVE, GLENVILLE NY 12302