GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Itau Chile (OTCPK:ITCLY) » Definitions » Accounts Receivable

Banco Itau Chile (Banco Itau Chile) Accounts Receivable : $360 Mil (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Banco Itau Chile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banco Itau Chile's accounts receivables for the quarter that ended in Sep. 2023 was $360 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banco Itau Chile's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 65.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Banco Itau Chile's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-52.25.


Banco Itau Chile Accounts Receivable Historical Data

The historical data trend for Banco Itau Chile'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.

Banco Itau Chile Accounts Receivable Chart

Banco Itau Chile Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 211.66 64.49 50.85 102.44 49.60

Banco Itau Chile Quarterly Data
Mar14 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable 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 57.50 49.60 61.13 372.16 359.55

Banco Itau Chile Accounts Receivable Calculation

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


Banco Itau Chile 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.

Banco Itau Chile's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=359.55/501.018*91
=65.48

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

Banco Itau Chile's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(8425.858+0.75 * 359.55+0.5 * 0-42600.556
-0-3.693)/649.022
=-52.25

* 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.


Banco Itau Chile Accounts Receivable Related Terms

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


Banco Itau Chile (Banco Itau Chile) Business Description

Traded in Other Exchanges
Address
Presidente Riesco 5537, Las Condes, Santiago, CHL
Banco Itau Chile is a commercial bank from Chile. The bank has operations in Colombia, Panama, the United States, and Spain. CorpBanca offers commercial and retail banking products, mainly to individuals and midsize and large corporations. The product portfolio consists of treasury and financial advisory, securities brokerage, asset management, insurance brokerage, investment banking, payment products, legal services, cash management, international trade, mortgages, and consumer credit.

Banco Itau Chile (Banco Itau Chile) Headlines

From GuruFocus