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CIBC Caribbean Bank (Bahamas) (TRN:FCI) Accounts Receivable : TTD0 Mil (As of Apr. 2020)


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What is CIBC Caribbean Bank (Bahamas) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CIBC Caribbean Bank (Bahamas)'s accounts receivables for the quarter that ended in Apr. 2020 was TTD0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CIBC Caribbean Bank (Bahamas)'s Days Sales Outstanding for the quarter that ended in Apr. 2020 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. CIBC Caribbean Bank (Bahamas)'s Net-Net Working Capital per share for the quarter that ended in Apr. 2020 was TTD-36.26.


CIBC Caribbean Bank (Bahamas) Accounts Receivable Historical Data

The historical data trend for CIBC Caribbean Bank (Bahamas)'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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CIBC Caribbean Bank (Bahamas) Accounts Receivable Chart

CIBC Caribbean Bank (Bahamas) Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 359.80 340.09 359.95 402.05 316.54

CIBC Caribbean Bank (Bahamas) Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 - - 316.54 - -

CIBC Caribbean Bank (Bahamas) Accounts Receivable Calculation

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


CIBC Caribbean Bank (Bahamas) 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.

CIBC Caribbean Bank (Bahamas)'s Days Sales Outstanding for the quarter that ended in Apr. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/963.308*91
=0.00

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

CIBC Caribbean Bank (Bahamas)'s Net-Net Working Capital Per Share for the quarter that ended in Apr. 2020 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)
=(16419.426+0.75 * 0+0.5 * 0-73346.397
-0-191.928)/1575.232
=-36.26

* 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.


CIBC Caribbean Bank (Bahamas) Accounts Receivable Related Terms

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CIBC Caribbean Bank (Bahamas) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Warrens, St. Michael, P.O. Box 503, Michael, BRB
FirstCaribbean International Bank Ltd banking services to individual and business clients. The company operates through four segments namely Retail and Business Banking, Corporate and Investment Banking, Wealth Management and Administration. The geographic markets in which the group operates are Barbados, The Bahamas, British Virgin Islands, The Cayman Islands and Turks and Caicos Islands, and The Eastern Caribbean Islands.

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