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GuruFocus has detected 2 Warning Signs with Wells Fargo & Co \$WFC.
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Wells Fargo & Co (NYSE:WFC)
Change In Receivables
\$0 Mil (As of Dec. 2016)

Wells Fargo & Co's change in receivables for the quarter that ended in Dec. 2016 was \$0 Mil. It means Wells Fargo & Co's accounts receivables stayed the same from Sep. 2016 to Dec. 2016 .

Wells Fargo & Co's change in receivables for the fiscal year that ended in Dec. 2016 was \$0 Mil. It means Wells Fargo & Co's accounts receivables stayed the same from Dec. 2015 to Dec. 2016 .

Wells Fargo & Co's accounts receivables for the quarter that ended in Dec. 2016 was \$31,056 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 receivables are being managed. Wells Fargo & Co's days sales outstanding for the three months ended in Dec. 2016 was 131.31.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Wells Fargo & Co's liquidation value for the three months ended in Dec. 2016 was \$-1,686,513 Mil.

Definition

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.

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.

Wells Fargo & Co's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 31056 / 21582 * 91 = 131.31

2. In Ben Grahams calculation of liquidation value, Wells Fargo & Co's accounts receivable are only considered to be worth 75% of book value:

Wells Fargo & Co's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 20729 - 1730534 + 0.75 * 31056 + 0.5 * 0 = -1,686,513

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Wells Fargo & Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ChangeInReceivables 0 -2,676 -293 1,051 -401 293 -13 -372 -623 0

Wells Fargo & Co Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 ChangeInReceivables 176 -300 -82 -261 20 -247 -25 -147 0 0
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