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Trinity Bank NA (Trinity Bank NA) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Trinity Bank NA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trinity Bank NA's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trinity Bank NA's Days Sales Outstanding for the quarter that ended in Mar. 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. Trinity Bank NA's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-415.45.


Trinity Bank NA Accounts Receivable Historical Data

The historical data trend for Trinity Bank NA'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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Trinity Bank NA Accounts Receivable Chart

Trinity Bank NA Annual Data
Trend Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Trinity Bank NA Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Mar08 Jun08 Mar09 Jun09 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Trinity Bank NA Accounts Receivable Calculation

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


Trinity Bank NA 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.

Trinity Bank NA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.293*91
=0.00

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

Trinity Bank NA's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0+0.75 * 0+0.5 * 0-448.267
-0-0)/1.079
=-415.45

* 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.


Trinity Bank NA Accounts Receivable Related Terms

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Trinity Bank NA (Trinity Bank NA) Business Description

Traded in Other Exchanges
N/A
Address
3500 W. Vickery Boulevard, Fort Worth, TX, USA, 76107
Trinity Bank NA is engaged in the banking sector. The bank offers various services such as loan products, cash management, merchant services, internet banking, certificate of deposits, deposits accounts, and other related services.

Trinity Bank NA (Trinity Bank NA) Headlines