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Valley National Bancorp (Valley National Bancorp) Change In Receivables

: $-49 Mil (TTM As of Dec. 2023)
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Valley National Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-8 Mil. It means Valley National Bancorp's Accounts Receivable increased by $8 Mil from Sep. 2023 to Dec. 2023 .

Valley National Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-49 Mil. It means Valley National Bancorp's Accounts Receivable increased by $49 Mil from Dec. 2022 to Dec. 2023 .

Valley National Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $245 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. Valley National Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Valley National Bancorp's liquidation value for the three months ended in Dec. 2023 was $-53,130 Mil.


Valley National Bancorp Change In Receivables Historical Data

The historical data trend for Valley National Bancorp'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.

Valley National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 -0.59 11.53 -74.01 -48.89

Valley National Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial 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 -37.20 -27.00 -2.31 -11.87 -7.71

Valley National Bancorp 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 $-49 Mil.

* 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.


Valley National Bancorp  (NAS:VLY) 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.

Valley National 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
=245.498/450.082*91
=49.77

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

Valley National Bancorp'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)
=919.896-54233.583+0.75 * 245.498+0.5 * 0
=-53,130

* 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.


Valley National Bancorp Change In Receivables Related Terms

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Valley National Bancorp (Valley National Bancorp) Business Description

Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.
Executives
Joseph Chillura officer: SEVP, Chief Ret & Busn Bnkg Of 1455 VALLEY ROAD, WAYNE NJ 07470
Kathleen C Perrott director VALLEY NATIONAL BANCORP, 70 SPEEDWELL AVENUE, MORRISTOWN NJ 07960
Suresh L Sani director 1455 VALLEY ROAD, WAYNE NJ 07470
Avner Mendelson director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Peter J Baum director 1455 VALLEY ROAD, WAYNE NJ 07470
Marc J Lenner director 1455 VALLEY ROAD, WAYNE NJ 07470
Ira Robbins officer: EVP - Treasurer 1455 VALLEY ROAD, WAYNE NJ 07470
Eric P Edelstein director 17 BRENTWOOD DRIVE, N CALDWELL NJ 07006
Peter V Maio director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Melissa J Schultz director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Sidney S Williams director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Jeffrey S Wilks director C/O STATE BANCORP, INC., TWO JERICHO PLAZA, JERICHO NY 11753
Jennifer W Steans director 50 EAST WASHINGTON STREET SUITE 400, C/O FINANCIAL INVESTMENTS CORPORATION, CHICAGO IL 60602
Dafna Landau director VALLEY NATIONAL BANCORP, 1455 VALLEY ROAD, WAYNE NJ 07470
Andrew B Abramson director 1455 VALLEY ROAD, WAYNE NJ 07470