Bank Bradesco (Bank Bradesco) Accounts Receivable

: $544 Mil (As of Dec. 2023) 中文

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank Bradesco's accounts receivables for the quarter that ended in Dec. 2023 was $544 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bank Bradesco's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 10.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bank Bradesco's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-27.36.

Bank Bradesco Accounts Receivable Historical Data

The historical data trend for Bank Bradesco'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.

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Bank Bradesco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

40.07

147.66

248.22

388.79

544.50

Bank Bradesco Quarterly Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																388.79	431.62	550.59	557.71	544.50

Bank Bradesco Accounts Receivable Calculation

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

Bank Bradesco 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.

Bank Bradesco's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	544.496	/	4871.394	*	91
=	10.20

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

Bank Bradesco's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(67893.516	+	0.75 * 544.496	+	0.5 * 0	-	359302.242
-	0	-	139.426)	/	10642.2
=	-27.36

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.

Bank Bradesco Accounts Receivable Related Terms

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Bank Bradesco (Bank Bradesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Bradesco SA (NYSE:BBD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BBDO:USA XBBDC:Spain BREC:Germany BBDC4:Brazil BBDC3:Brazil BBD:Argentina

Address

Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900

Website

https://www.banco.bradesco/ri

Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.