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TRMK (Trustmark) Accounts Receivable : $0.0 Mil (As of Sep. 2024)


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What is Trustmark Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trustmark's accounts receivables for the quarter that ended in Sep. 2024 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trustmark's Days Sales Outstanding for the quarter that ended in Sep. 2024 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. Trustmark's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-228.23.


Trustmark Accounts Receivable Historical Data

The historical data trend for Trustmark'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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Trustmark Accounts Receivable Chart

Trustmark Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Trustmark Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Trustmark Accounts Receivable Calculation

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


Trustmark 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/165.705*91
=0.00

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

Trustmark'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)
=(2531.231+0.75 * 0+0.5 * 0-16500.276
-0-0)/61.2066
=-228.23

* 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.


Trustmark Accounts Receivable Related Terms

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


Trustmark Business Description

Traded in Other Exchanges
N/A
Address
248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp is a s a bank holding company. Through its subsidiaries, the company operates as a financial services organization providing banking and other financial solutions in Alabama, Florida, Mississippi, Tennessee and Texas. Its principal products and services include, Commercial Banking, Consumer Banking, Mortgage Banking, Insurance, Wealth Management and Trust Services and others. The company is managed along three operating segments; General Banking, Wealth Management and Insurance. The General Banking segment which generates the majority of the revenue provides all traditional banking products and services, including loans, deposits and also consists of internal operations.
Executives
Gerard R Host other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Marcelo L Eduardo director P. O. BOX 291, JACKSON MS 39205-0291
Richard H Puckett director PO BOX 3170, JACKSON MS 39207
Adolphus B Baker director P. O. BOX 2960, JACKSON MS 39207
Tracy T Conerly director 10 BALLAMORE ROAD, MIRAMAR BEACH FL 32550
Chambers George T. Jr. officer: Principal Accounting, Officer P. O. BOX 291, JACKSON MS 39205-0291
Augustus L Collins director C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607
Harry M Walker other: Owned Subsidiary PO BOX 291, JACKSON MS 39205
Maria Luisa Sugay officer: Exec VP & Co-Treasurer P. O. BOX 291, JACKSON MS 39205-0291
Breck W Tyler officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205
Charles Scott Woods other: Wholly Owned Subsidiary P. O. BOX 291, JACKSON MS 39205
Robert B Harvey officer: Executive Officer of P. O. BOX 291, JACKSON MS 39205-0291
David C Kennedy officer: Executive Vice President & P. O. BOX 291, JACKSON MS 39205-0291
Walker Leroy G Jr director 2310 HIGHWAY 80 WEST, STE 3160, JACKSON MS 39204
Joseph T Sarci officer: Executive Vice President & CIO 248 E CAPITOL STREET, JACKSON MS 39201