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TDBKF.PFD (The Toronto-Dominion Bank) Accounts Receivable : $13,429.70 Mil (As of Jan. 2025)


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What is The Toronto-Dominion Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. The Toronto-Dominion Bank's accounts receivables for the quarter that ended in Jan. 2025 was $13,429.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. The Toronto-Dominion Bank's Days Sales Outstanding for the quarter that ended in Jan. 2025 was 118.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. The Toronto-Dominion Bank's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was $N/A.


The Toronto-Dominion Bank Accounts Receivable Historical Data

The historical data trend for The Toronto-Dominion 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.

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The Toronto-Dominion Bank Accounts Receivable Chart

The Toronto-Dominion Bank Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,937.21 9,120.15 10,617.28 14,146.00 13,404.09

The Toronto-Dominion Bank Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 13,296.58 13,813.81 13,303.19 13,404.09 13,429.70

The Toronto-Dominion Bank Accounts Receivable Calculation

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


The Toronto-Dominion 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.

The Toronto-Dominion Bank's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13429.703/10355.827*91
=118.34

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

The Toronto-Dominion Bank's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(174762.666+0.75 * 13429.703+0.5 * 0-1372263.535
-7740.635-0)/0
=N/A

* 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.


The Toronto-Dominion Bank Accounts Receivable Related Terms

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The Toronto-Dominion Bank Business Description

Address
Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 55% of its revenue from Canada and has dominant market share in nearly all banking products and services. TD has around 40% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.