People's United Financial (People's United Financial) Accounts Receivable : $167 Mil (As of Dec. 2021)

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What is People's United Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. People's United Financial's accounts receivables for the quarter that ended in Dec. 2021 was $167 Mil.

Accounts receivable can be measured by Days Sales Outstanding. People's United Financial's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 33.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. People's United Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-92.78.

People's United Financial Accounts Receivable Historical Data

The historical data trend for People's United Financial'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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People's United Financial Accounts Receivable Chart

People's United Financial Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

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154.70

164.60

156.10

202.20

167.20

People's United Financial Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Accounts Receivable	Get a 7-Day Free Trial															202.20	-	-	-	167.20

People's United Financial Accounts Receivable Calculation

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

People's United Financial 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.

People's United Financial's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	167.2	/	461.6	*	91
=	33.05

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

People's United Financial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=	(17159.9	+	0.75 * 167.2	+	0.5 * 0	-	56740.6
-	244.1	-	0)	/	427.9
=	-92.78

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.

People's United Financial Accounts Receivable Related Terms

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People's United Financial (People's United Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » People's United Financial Inc (NAS:PBCT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Main Street, Bridgeport, CT, USA, 06604

Website

https://www.peoples.com

People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.

Executives

Jeffrey J Tengel	officer: President	1900 EAST NINTH STREET, CLEVELAND OH 44114
Lee C Powlus	officer: Sr Ex VP & Chief Admin Officer	850 MAIN STREET, BRIDGEPORT CT 06604
Richard M Barry	officer: Chief Credit Officer	726 EXCHANGE STREET SUITE 618 BUFFALO NY 14210
Jane Chwick	director	C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Cruger William Frank Jr.	director	C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Kevin T. Bottomley	director	DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Nancy Mcallister,	director	30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
James A Thomas	director