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BNZIF Accounts Receivable : $0.0 Mil (As of Dec. 2023)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.73.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Receivable Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Receivable Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Receivable Calculation

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


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero 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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/428.826*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's accounts receivable are only considered to be worth 75% of book value:

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(124.601+0.75 * 0+0.5 * 0-8694.877
-0-0)/1812.87
=-4.73

* 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Accounts Receivable Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Traded in Other Exchanges
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

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