Doral Financial (Doral Financial) Change In Receivables : $0.19 Mil (TTM As of Dec. 2013)

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What is Doral Financial Change In Receivables?

Doral Financial's change in receivables for the quarter that ended in Dec. 2013 was $-7.00 Mil. It means Doral Financial's Accounts Receivable increased by $7.00 Mil from Sep. 2013 to Dec. 2013 .

Doral Financial's change in receivables for the fiscal year that ended in Dec. 2013 was $0.19 Mil. It means Doral Financial's Accounts Receivable declined by $0.19 Mil from Dec. 2012 to Dec. 2013 .

Doral Financial's Accounts Receivable for the quarter that ended in Dec. 2013 was $71.58 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. Doral Financial's Days Sales Outstanding for the three months ended in Dec. 2013 was 91.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Doral Financial's liquidation value for the three months ended in Dec. 2013 was $-7,182.09 Mil.

Doral Financial Change In Receivables Historical Data

The historical data trend for Doral Financial'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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Doral Financial Change In Receivables Chart

Doral Financial Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Change In Receivables

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-4.21

22.51

-7.30

-2.46

0.19

Doral Financial Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Change In Receivables	Get a 7-Day Free Trial															-2.28	3.66	6.83	-3.30	-7.00

Doral Financial 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 Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.19 Mil.

Doral Financial (OTCPK:DORPQ.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.

Doral Financial's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	71.579	/	71.293	*	91
=	91.62

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

Doral Financial's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	522.358	-	7758.132	+	0.75 * 71.579	+	0.5 * 0
=	-7,182.09

Doral Financial Change In Receivables Related Terms

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Doral Financial (Doral Financial) Business Description

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Address

1451 Franklin D. Roosevelt Avenue, San Juan, PRI, 00920-2717

Website

http://www.doralfinancial.com

Puerto Rico-based Doral Financial is in the process of transforming itself into a traditional community bank. It operates 41 branches in Puerto Rico, plus one in New York, and offers a variety of retail and commercial banking services. Residential real estate loans make up about 70% of Doral's loan portfolio, and commercial loans account for another 20%. Nearly all of the bank's loans are secured by real estate.

Doral Financial (Doral Financial) Headlines

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