First Republic Bank (MEX:FRC) Accounts Receivable: MXN13,803 Mil (As of Dec. 2022)

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MEX:FRC First Republic Bank MEX:FRC
12 GF Score
Price MXN60.95
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What is First Republic Bank Accounts Receivable?

First Republic Bank MEX:FRC 12 Accounts Receivable is MXN13,803 Mil as of Dec. 2022. GuruFocus rates MEX:FRC with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Republic Bank's accounts receivables for the quarter that ended in Dec. 2022 was MXN13,803 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Republic Bank's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 45.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First Republic Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was MXN-20,604.80.

First Republic Bank 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.

First Republic Bank's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13803.168/27586.84*91
=45.66

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

First Republic Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(90130.008+0.75 * 13803.168+0.5 * 0-3805482.731
-70828.968-0)/183.250
=-20,604.80

* 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.

First Republic Bank Accounts Receivable Related Terms

First Republic Bank Accounts Receivable Historical Data

* Premium members only.

The historical data trend for First Republic Bank'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.

First Republic Bank Accounts Receivable Chart

First Republic Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,552.36 7,196.22 8,573.45 10,277.51 13,803.17

First Republic Bank Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 6,590.54 0.00 0.00 13,803.17 0.00
MEX:FRC
12GF Score
First Republic Bank MEX:FRC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Republic Bank 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 MXN13,803 Mil mean?
First Republic Bank (MEX:FRC) has a Accounts Receivable of MXN13,803 Mil as of Dec. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on First Republic Bank and its competitors.
Is First Republic Bank's Accounts Receivable too high?
First Republic Bank's current Accounts Receivable is MXN13,803 Mil. Overall, First Republic Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does First Republic Bank's Accounts Receivable compare to FRBK and SIVBQ?
First Republic Bank's Accounts Receivable of MXN13,803 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 First Republic Bank and its competitors. First Republic Bank's current Accounts Receivable is MXN13,803 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic Bank stock overvalued right now?
First Republic Bank (MEX:FRC) has a current Accounts Receivable of MXN13,803 Mil. The current Accounts Receivable is MXN13,803 Mil. First Republic Bank's overall GF Score™ is 12/100. 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 First Republic Bank (MEX:FRC), the current Accounts Receivable is MXN13,803 Mil as of Dec. 2022. 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.

First Republic Bank Business Description

Address 111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111
First Republic Bank offers private banking and wealth management services to high-net-worth clients. Services are offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.
12GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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