Canadian Banc (TSX:BK) Change In Receivables : C$-0.16 Mil (TTM As of Nov. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Canadian Banc Change In Receivables?

Canadian Banc's change in receivables for the quarter that ended in Nov. 2023 was C$-0.16 Mil. It means Canadian Banc's Accounts Receivable increased by C$0.16 Mil from May. 2023 to Nov. 2023 .

Canadian Banc's change in receivables for the fiscal year that ended in Nov. 2023 was C$-0.16 Mil. It means Canadian Banc's Accounts Receivable increased by C$0.16 Mil from Nov. 2022 to Nov. 2023 .

Canadian Banc's Accounts Receivable for the quarter that ended in Nov. 2023 was C$0.00 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. Canadian Banc's Days Sales Outstanding for the six months ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canadian Banc's liquidation value for the six months ended in Nov. 2023 was C$-197.30 Mil.

Canadian Banc Change In Receivables Historical Data

The historical data trend for Canadian Banc'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.

* Premium members only.

Canadian Banc Change In Receivables Chart

Canadian Banc Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

Get a 7-Day Free Trial

0.01

-0.01

-0.07

-0.16

Canadian Banc Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Receivables	Get a 7-Day Free Trial															0.01	-0.03	-0.04	-	-0.16

Canadian Banc 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$-0.16 Mil.

Canadian Banc (TSX:BK) 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.

Canadian Banc's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	14.176	*	91
=	0.00

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

Canadian Banc's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	195.881	-	393.185	+	0.75 * 0	+	0.5 * 0
=	-197.30

Canadian Banc Change In Receivables Related Terms

Thank you for viewing the detailed overview of Canadian Banc's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Banc (TSX:BK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Banc Corp (TSX:BK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CNDCF:USA BK.PR.A.PFD:Canada

Address

200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.