Banco Daycoval S.A. (BSP:DAYC3) Accounts Receivable: R$0.00 Mil (As of Jun. 2016)

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What is Banco Daycoval S.A. Accounts Receivable?

Banco Daycoval S.A. BSP:DAYC3 Accounts Receivable is R$0.00 Mil as of Jun. 2016. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banco Daycoval S.A.'s accounts receivables for the quarter that ended in Jun. 2016 was R$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banco Daycoval S.A.'s Days Sales Outstanding for the quarter that ended in Jun. 2016 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 Daycoval S.A.'s Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was R$-71.51.


Banco Daycoval S.A. 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 Daycoval S.A.'s Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/611.617*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Banco Daycoval S.A.'s accounts receivable are only considered to be worth 75% of book value:

Banco Daycoval S.A.'s Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=(243.776+0.75 * 0+0.5 * 0-17674.31
-0-0)/243.750
=-71.51

* 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 Daycoval S.A. Accounts Receivable Related Terms


Banco Daycoval S.A. Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Banco Daycoval S.A.'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.

Banco Daycoval S.A. Accounts Receivable Chart

Banco Daycoval S.A. Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
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Banco Daycoval S.A. Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Accounts Receivable Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

Banco Daycoval S.A. Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of R$0.00 Mil mean?
Banco Daycoval S.A. (BSP:DAYC3) has a Accounts Receivable of R$0.00 Mil as of Jun. 2016. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Banco Daycoval S.A. and its competitors.
Is Banco Daycoval S.A.'s Accounts Receivable too high?
Banco Daycoval S.A.'s current Accounts Receivable is R$0.00 Mil.
How does Banco Daycoval S.A.'s Accounts Receivable compare to FISI and MBIN?
Banco Daycoval S.A.'s Accounts Receivable of R$0.00 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Banks company?
A good Accounts Receivable depends on the Banks industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Banco Daycoval S.A. and its competitors. Banco Daycoval S.A.'s current Accounts Receivable is R$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Daycoval S.A. stock overvalued right now?
Banco Daycoval S.A. (BSP:DAYC3) has a current Accounts Receivable of R$0.00 Mil. The current Accounts Receivable is R$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Banco Daycoval S.A. (BSP:DAYC3), the current Accounts Receivable is R$0.00 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Daycoval S.A. Business Description

Banco Daycoval S.A. was founded in 1968. It is a is a commercial bank. The Company along with its subsidiaries is engaged in commercial, foreign exchange, investment and lending portfolios. It also provide services including management of assets, life insurance and pension plans. The Company operates in four business segments: financial segment; asset management segment; insurance and pension fund segment; andother segments. Financial segment - handles individual customer deposits and provides loan, overdraft, credit card, and wire transfer services, and performs treasury, finance and other core functions; Asset management segment - services to institutional investors and intermediaries by providing financial asset management through investment funds; and Insurance and pension fund segment - offers life insurance and open-end supplementary pension funds, by operating lump-sum and annuity plans, consisting of the plans' participants' contributions.