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Canadian Western Bank (TSX:CWB.PR.D.PFD) Accounts Receivable : C$0.00 Mil (As of Jan. 2024)


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What is Canadian Western Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canadian Western Bank's accounts receivables for the quarter that ended in Jan. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Canadian Western Bank's Days Sales Outstanding for the quarter that ended in Jan. 2024 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. Canadian Western Bank's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$N/A.


Canadian Western Bank Accounts Receivable Historical Data

The historical data trend for Canadian Western 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.

* Premium members only.

Canadian Western Bank Accounts Receivable Chart

Canadian Western Bank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.86 139.69 128.11 252.12 197.30

Canadian Western Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 197.30 -

Canadian Western Bank Accounts Receivable Calculation

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


Canadian Western 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.

Canadian Western Bank's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/289.991*91
=0.00

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

Canadian Western Bank's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=(4800.341+0.75 * 0+0.5 * 0-38539.336
-250-0)/0
=N/A

* 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.


Canadian Western Bank Accounts Receivable Related Terms

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Canadian Western Bank (TSX:CWB.PR.D.PFD) Business Description

Address
10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

Canadian Western Bank (TSX:CWB.PR.D.PFD) Headlines

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