Wells Fargo (Wells Fargo) Change In Receivables

: $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

Wells Fargo's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Wells Fargo's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Wells Fargo's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Wells Fargo's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Wells Fargo's Accounts Receivable for the quarter that ended in Dec. 2023 was $34,474 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. Wells Fargo's Days Sales Outstanding for the three months ended in Dec. 2023 was 153.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wells Fargo's liquidation value for the three months ended in Dec. 2023 was $-1,356,426 Mil.

Wells Fargo Change In Receivables Historical Data

The historical data trend for Wells Fargo'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.

Wells Fargo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Wells Fargo Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables																-	-	-	-	-

Wells Fargo 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 $0 Mil.

Wells Fargo (NYSE:WFC) 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.

Wells Fargo's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	34474	/	20478	*	91
=	153.62

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

Wells Fargo'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)
=	362744	-	1745025	+	0.75 * 34474	+	0.5 * 0
=	-1,356,426

Wells Fargo Change In Receivables Related Terms

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

Wells Fargo (Wells Fargo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wells Fargo & Co (NYSE:WFC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

WFCpD.PFD:USA WFCpC.PFD:USA WFCpA.PFD:USA WFCpZ.PFD:USA WFCpY.PFD:USA WFCNP.PFD:USA WFCpR.PFD:USA WFCpL.PFD:USA WFC:Peru WFC:Mexico NWTd:UK 0R2F:UK NWT:Germany WFC:Chile WFCO34:Brazil WFC:Austria WFC:Argentina

Address

420 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.wellsfargo.com

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.

Executives

Richard K Davis	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Thomas R Nides	officer: Vice Chairman	C/O WELLS FARGO & COMPANY, 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Tracy M Kerrins	officer: Sr. Executive Vice President	300 S BREVARD STREET, CHARLOTTE NC 28202
Kyle G Hranicky	officer: Sr. Executive Vice President	1000 LOUISIANA STREET, HOUSTON TX 77002
Felicia F Norwood	director	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kleber Santos	officer: Sr. Executive Vice President	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ellen R Patterson	officer: Sr. EVP and General Counsel	30 HUDSON YARDS, NEW YORK NY 10001
Kristy Fercho	officer: Sr. Executive Vice President	5151 CORPORATE DRIVE, TROY MI 48098
Cecelia Morken	director	26025 MUREAU ROAD, CALABASAS CA 91302
Beurden Saul Van	officer: Sr. Executive Vice President	150 EAST 42ND STREET, NEW YORK NY 10017
Bei Ling	officer: Sr. Executive Vice President	30 HUDSON YARDS, NEW YORK NY 10001
Ather Iii Williams	officer: Sr. Executive Vice President	30 HUDSON YARDS, NEW YORK NY 10001
Michael P. Santomassimo	officer: Sr. EVP & CFO	225 LIBERTY STREET, NEW YORK NY 10286
Mark A Chancy	director	303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
Lester Owens	officer: Sr. Executive Vice President	240 GREENWICH STREET, NEW YORK NY 10286