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Huntington Bancshares (Huntington Bancshares) Accounts Receivable : $0 Mil (As of Dec. 2023)


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What is Huntington Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Huntington Bancshares's accounts receivables for the quarter that ended in Dec. 2023 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Huntington Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Huntington Bancshares's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-109.58.


Huntington Bancshares Accounts Receivable Historical Data

The historical data trend for Huntington Bancshares'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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Huntington Bancshares Accounts Receivable Chart

Huntington Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 273.00 294.00 - -

Huntington Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Huntington Bancshares Accounts Receivable Calculation

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


Huntington Bancshares 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1778*91
=0.00

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

Huntington Bancshares'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)
=(13696+0.75 * 0+0.5 * 0-169970
-2394-45)/1448.32
=-109.58

* 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.


Huntington Bancshares Accounts Receivable Related Terms

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Huntington Bancshares (Huntington Bancshares) Business Description

Address
41 South High Street, Huntington Center, Columbus, OH, USA, 43287
Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.
Executives
Helga Houston officer: Senior Exec. V. P. 516 S. NEW HOPE ROAD, P.O. BOX 2636, GASTONIA NC 28053
Donnell R White officer: Chief DEI Officer, SVP 333 W FORT STREET, SUITE 1800, DETROIT MI 48226
Marcy C Hingst officer: SEVP and General Counsel HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Paul G Heller officer: Sr. EVP & Chief Technology and HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Rafael Diaz-granados director HUNTINGTON CENTER, 41 S HIGH STREET, COLUMBUS OH 43287
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640
Zachary Jacob Wasserman officer: CFO and Senior Exec. VP HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Kenneth J Phelan director HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
David L Porteous director P.O. BOX 44, REED CITY MI 49677
Michael Scott Jones officer: SEVP of Significant Subsidiary 200 LAKE STREET EAST, WAYZATA MN 55391
Donald Lee Dennis officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Scott D Kleinman officer: Sr. EVP of Principal Sub. HUNTINGTON BANCSHARES INCORPORATED, 41 SOUTH HIGH STREET, COLUMBUS OH 43287
Steven Lee Rhodes officer: EVP of Principal Subsidiary HUNTINGTON BANCSHARES INCORPORATED, 41 S. HIGH STREET, COLUMBUS OH 43215
Richard H King director 200 LAKE STREET EAST, WAYZATA MN 55391
Stephen D Steinour director, officer: President, CEO & Chairman C/O KEANE INC, TEN CITY SQ, BOSTON MA 02129