M&T Bank (M&T Bank) Accounts Receivable

: $9,171 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. M&T Bank's accounts receivables for the quarter that ended in Dec. 2023 was $9,171 Mil.

Accounts receivable can be measured by Days Sales Outstanding. M&T Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 366.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. M&T Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-852.64.

M&T Bank Accounts Receivable Historical Data

The historical data trend for M&T Bank'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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M&T Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5,644.05

6,701.96

7,506.57

8,930.00

9,171.00

M&T Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable																8,914.96	9,002.08	9,157.09	9,171.00	-

M&T Bank Accounts Receivable Calculation

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

M&T Bank 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.

M&T Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9171	/	2280.334	*	91
=	366.99

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), M&T Bank's accounts receivable are only considered to be worth 75% of book value:

M&T Bank'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)
=	(34785	+	0.75 * 9171	+	0.5 * 0	-	181307
-	2011	-	0)	/	166.136
=	-852.64

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.

M&T Bank Accounts Receivable Related Terms

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M&T Bank (M&T Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » M&T Bank Corp (NYSE:MTB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MTBPH.PFD:USA MTB_KZ:Kazakhstan MTZ:Germany

Address

One M&T Plaza, Buffalo, NY, USA, 14203

Website

https://www.mtb.com

M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.

Executives

John P Barnes	director	C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
Kirk W Walters	director	C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, 16TH FLOOR, BRIDGEPORT CT 06604
Gary N Geisel	director	C/O PROVIDENT BANKSHARES CORP, 114 LEXINGTON STREET, BALTIMORE MD 21202
Robert J Bojdak	officer: Executive Vice President	ONE FOUNTAIN PLAZA, BUFFALO NY 14203
Doris P. Meister	officer: Executive Vice President	1100 NORTH MARKET STREET, WILMINGTON DE 19801
Daryl N. Bible	officer: Sr. EVP & CFO	214 N TRYON STREET, CHARLOTTE NC 28202
John R. Taylor	officer: EVP & Controller	ONE M&T PLAZA, BUFFALO NY 14203
Ledgett Richard H. Jr.	director	1052 ST. STEPHENS CHURCH ROAD, CROWNSVILLE MD 21032
Carlton J. Charles	director	300 WEST 57TH STREET, NEW YORK NY 10019
Warman D Scott N	officer: Senior Vice President	ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Todaro	officer: Executive Vice President	ONE M&T PLAZA, BUFFALO NY 14203
Michele D Trolli	officer: Exec. VP & Chief Info. Officer	465 MAIN STREET, 8TH FLOOR, BUFFALO NY 14203
Edna Jennifer Warren	officer: Executive Vice President	ONE M&T PLAZA, BUFFALO NY 14203
Christopher E Kay	officer: Executive Vice President	500 W MAIN STREET, LOUISVILLE KY 40202
Kevin J Pearson	officer: Executive Vice President