USD -29 Mil as of today(2020-01-21). In depth view into Cullen/Frost Bankers Change In Receivables explanation, calculation, historical data and more" />CFR Change In Receivables | Cullen/Frost Bankers - GuruFocus.com
Switch to:

Cullen/Frost Bankers Change In Receivables

: USD -29 Mil (TTM As of Sep. 2019)
View and export this data going back to 1977. Start your Free Trial

Cullen/Frost Bankers's change in receivables for the quarter that ended in Sep. 2019 was USD 56 Mil. It means Cullen/Frost Bankers's Accounts Receivable increased by USD 56 Mil from Jun. 2019 to Sep. 2019 .

Cullen/Frost Bankers's change in receivables for the fiscal year that ended in Dec. 2018 was USD -86 Mil. It means Cullen/Frost Bankers's Accounts Receivable declined by USD 86 Mil from Dec. 2017 to Dec. 2018 .

Cullen/Frost Bankers's Accounts Receivable for the quarter that ended in Sep. 2019 was USD 392 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. Cullen/Frost Bankers's Days Sales Outstanding for the three months ended in Sep. 2019 was 104.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cullen/Frost Bankers's liquidation value for the three months ended in Sep. 2019 was USD -13,983 Mil.


Cullen/Frost Bankers Change In Receivables Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Cullen/Frost Bankers Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -73.36 -13.04 -7.40 -55.18 -85.90

Cullen/Frost Bankers Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 23.91 -66.85 32.63 -50.74 55.72

Cullen/Frost Bankers 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 Sep. 2019 was -66.851 (Dec. 2018 ) + 32.634 (Mar. 2019 ) + -50.741 (Jun. 2019 ) + 55.715 (Sep. 2019 ) = USD -29 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Cullen/Frost Bankers  (NYSE:CFR) 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.

Cullen/Frost Bankers's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=391.536/342.231*91
=104.40

2. In Ben Graham's calculation of liquidation value, Cullen/Frost Bankers's accounts receivable are only considered to be worth 75% of book value:

Cullen/Frost Bankers's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14940.298-29216.719+0.75 * 391.536+0.5 * 0
=-13,983

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Cullen/Frost Bankers Change In Receivables Related Terms


Cullen/Frost Bankers Change In Receivables Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
/* */