Banco Actinver (MEX:FSITES20) Change In Receivables: MXN-3,695 Mil (TTM As of Jun. 2024)

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MEX:FSITES20 Banco Actinver SA MEX:FSITES20
40 GF Score
Price MXN26.00
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What is Banco Actinver Change In Receivables?

Banco Actinver MEX:FSITES20 40 Change In Receivables is MXN-3,695 Mil as of Jun. 2024. GuruFocus rates MEX:FSITES20 with a GF Score™ of 40/100.

Banco Actinver's change in receivables for the quarter that ended in Jun. 2024 was MXN7,238 Mil. It means Banco Actinver's Accounts Receivable declined by MXN7,238 Mil from Mar. 2024 to Jun. 2024 .

Banco Actinver's change in receivables for the fiscal year that ended in Dec. 2023 was MXN0 Mil. It means Banco Actinver's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Banco Actinver's Accounts Receivable for the quarter that ended in Jun. 2024 was MXN0 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. Banco Actinver's Days Sales Outstanding for the three months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Banco Actinver's liquidation value for the three months ended in Jun. 2024 was MXN-43,324 Mil.

Banco Actinver  (MEX:FSITES20) 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.

Banco Actinver's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1110.37*91
=0.00

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

Banco Actinver's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6817.998-50141.877+0.75 * 0+0.5 * 0
=-43,324

* 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.

Banco Actinver Change In Receivables Related Terms

Banco Actinver Change In Receivables Historical Data

* Premium members only.

The historical data trend for Banco Actinver'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.

Banco Actinver Change In Receivables Chart

Banco Actinver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Banco Actinver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables 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 10,065.91 -2,704.21 0.00 -8,228.35 7,237.98
MEX:FSITES20
40GF Score
Banco Actinver SA MEX:FSITES20
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Actinver 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-3,695 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of MXN-3,695 Mil mean?
Banco Actinver (MEX:FSITES20) has a Change In Receivables of MXN-3,695 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Banco Actinver and its competitors.
Is Banco Actinver's Change In Receivables too high?
Banco Actinver's current Change In Receivables is MXN-3,695 Mil. Overall, Banco Actinver has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver's Change In Receivables compare to competitors?
Banco Actinver's Change In Receivables of MXN-3,695 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Banco Actinver and its competitors. Banco Actinver's current Change In Receivables is MXN-3,695 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver stock overvalued right now?
Banco Actinver (MEX:FSITES20) has a current Change In Receivables of MXN-3,695 Mil. The current Change In Receivables is MXN-3,695 Mil. Banco Actinver's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Banco Actinver (MEX:FSITES20), the current Change In Receivables is MXN-3,695 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Actinver Business Description

Address Montes Urales No. 620, IV Section, Colonia Lomas de Chapultepec, Mayor's Office Miguel Hidalgo, Mexico City, MEX, 11000
Banco Actinver SA is a provider of investment advisory services in Mexico. The company specializes in wealth management and corporate and private banking. Its products include investment funds, credits, insurance, lease, trust, and asset management. Its segments include Investment fund management, Treasury, and investment banking, Brokerage, Credit and corporate activities, Leasing, and Others.
40GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN26.00
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