Westpac Banking (ASX:WBCPF.PFD) Change In Receivables : A$-730.00 Mil (TTM As of Sep. 2023)

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What is Westpac Banking Change In Receivables?

Westpac Banking's change in receivables for the quarter that ended in Sep. 2023 was A$-172.00 Mil. It means Westpac Banking's Accounts Receivable increased by A$172.00 Mil from Mar. 2023 to Sep. 2023 .

Westpac Banking's change in receivables for the fiscal year that ended in Sep. 2023 was A$-730.00 Mil. It means Westpac Banking's Accounts Receivable increased by A$730.00 Mil from Sep. 2022 to Sep. 2023 .

Westpac Banking's Accounts Receivable for the quarter that ended in Sep. 2023 was A$2,329.00 Mil.

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 Receivable are being managed. Westpac Banking's Days Sales Outstanding for the six months ended in Sep. 2023 was 39.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Westpac Banking's liquidation value for the six months ended in Sep. 2023 was A$-778,618.25 Mil.

Westpac Banking Change In Receivables Historical Data

The historical data trend for Westpac Banking's Change In Receivables 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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Westpac Banking Change In Receivables Chart

Westpac Banking Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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132.00

239.00

183.00

-544.00

-730.00

Westpac Banking Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															102.00	-59.00	-485.00	-558.00	-172.00

Westpac Banking Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-730.00 Mil.

Westpac Banking (ASX:WBCPF.PFD) Change In Receivables 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 Receivable are being managed.

Westpac Banking's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2329	/	10644	*	91
=	39.93

2. In Ben Graham's calculation of liquidation value, Westpac Banking's accounts receivable are only considered to be worth 75% of book value:

Westpac Banking's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	176870	-	957235	+	0.75 * 2329	+	0.5 * 0
=	-778,618.25

Westpac Banking Change In Receivables Related Terms

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Westpac Banking (ASX:WBCPF.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (ASX:WBCPF.PFD) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

275 Kent Street, Sydney, NSW, AUS, 2000

Website

https://www.westpac.com.au

Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

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