Switch to:
Wells Fargo & Co (NYSE:WFC)
Change In Receivables
$176 Mil (As of Dec. 2014)

Wells Fargo & Co's change in receivables for the quarter that ended in Dec. 2014 was $176 Mil. It means Wells Fargo & Co's accounts receivables increased by $176 Mil from Sep. 2014 to Dec. 2014 .

Wells Fargo & Co's change in receivables for the fiscal year that ended in Dec. 2014 was $-372 Mil. It means Wells Fargo & Co's accounts receivables declined by $372 Mil from Dec. 2013 to Dec. 2014 .

Wells Fargo & Co's accounts receivables for the quarter that ended in Dec. 2014 was $27,151 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. 2014 was 115.54.

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. 2014 was $-1,407,344 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. 2014 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=27151/21443*91
=115.54

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. 2014 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=75054-1502761+0.75 * 27151+0.5 * 0
=-1,407,344

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Wells Fargo & Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ChangeInReceivables 000-2,676-2931,051-401293-13-372

Wells Fargo & Co Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ChangeInReceivables -43296-288102-29202-139142-551176
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK