GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WaFd Inc (FRA:WAO) » Definitions » Accounts Receivable

WaFd (FRA:WAO) Accounts Receivable : €92.6 Mil (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is WaFd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WaFd's accounts receivables for the quarter that ended in Sep. 2024 was €92.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WaFd's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 49.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WaFd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-225.52.


WaFd Accounts Receivable Historical Data

The historical data trend for WaFd'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.

WaFd Accounts Receivable Chart

WaFd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.68 43.04 64.51 81.52 92.65

WaFd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 81.52 79.80 106.25 96.07 92.65

WaFd Accounts Receivable Calculation

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


WaFd 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.

WaFd's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=92.647/169.935*91
=49.75

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

WaFd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(4463.384+0.75 * 92.647+0.5 * 0-22579.087
-270.3-0)/81.2203
=-225.52

* 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.


WaFd Accounts Receivable Related Terms

Thank you for viewing the detailed overview of WaFd's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


WaFd Business Description

Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.

WaFd Headlines

No Headlines