Itau Unibanco Holding (Itau Unibanco Holding) Change In Receivables

: $-571 Mil (TTM As of Dec. 2023)

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Itau Unibanco Holding's change in receivables for the quarter that ended in Dec. 2023 was $-308 Mil. It means Itau Unibanco Holding's Accounts Receivable increased by $308 Mil from Sep. 2023 to Dec. 2023 .

Itau Unibanco Holding's change in receivables for the fiscal year that ended in Dec. 2023 was $-575 Mil. It means Itau Unibanco Holding's Accounts Receivable increased by $575 Mil from Dec. 2022 to Dec. 2023 .

Itau Unibanco Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was $772 Mil.

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 Receivable are being managed. Itau Unibanco Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Itau Unibanco Holding's liquidation value for the three months ended in Dec. 2023 was $-421,274 Mil.

Itau Unibanco Holding Change In Receivables Historical Data

The historical data trend for Itau Unibanco Holding's Change In Receivables 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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Itau Unibanco Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.73

103.80

337.76

-77.97

-575.33

Itau Unibanco Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-263.85	-42.43	-16.69	-203.70	-308.38

Itau Unibanco Holding Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-571 Mil.

Itau Unibanco Holding (NYSE:ITUB) Change In Receivables 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 Receivable are being managed.

Itau Unibanco Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	772.276	/	7694.804	*	91
=	9.16

2. In Ben Graham's calculation of liquidation value, Itau Unibanco Holding's accounts receivable are only considered to be worth 75% of book value:

Itau Unibanco Holding's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	56544.145	-	478397.077	+	0.75 * 772.276	+	0.5 * 0
=	-421,274

Itau Unibanco Holding Change In Receivables Related Terms

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Itau Unibanco Holding (Itau Unibanco Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Itau Unibanco Holding SA (NYSE:ITUB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ITUB:Mexico BVXB:Germany BVXB:Germany ITUB4:Brazil ITUB3:Brazil ITUB:Argentina

Address

Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902

Website

https://www.itau.com.br

Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 33% and 44%% of the bank's total loans, respectively, while foreign loans account for 23% of its portfolio. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.