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EQB (TSX:EQB) Change In Receivables : C$0.0 Mil (TTM As of Jan. 2024)


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What is EQB Change In Receivables?

EQB's change in receivables for the quarter that ended in Jan. 2024 was C$0.0 Mil. It means EQB's Accounts Receivable stayed the same from Jun. 2023 to Jan. 2024 .

EQB's change in receivables for the fiscal year that ended in Dec. 2021 was C$0.0 Mil. It means EQB's Accounts Receivable stayed the same from Dec. 2020 to Dec. 2021 .

EQB's Accounts Receivable for the quarter that ended in Jan. 2024 was C$11.1 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. EQB's Days Sales Outstanding for the three months ended in Jan. 2024 was 3.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EQB's liquidation value for the three months ended in Jan. 2024 was C$-47,917.5 Mil.


EQB Change In Receivables Historical Data

The historical data trend for EQB'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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EQB Change In Receivables Chart

EQB Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
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EQB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24
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EQB 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 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.


EQB  (TSX:EQB) 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.

EQB's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.078/298.772*91
=3.38

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

EQB's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2256.062-50181.825+0.75 * 11.078+0.5 * 0
=-47,917.5

* 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.


EQB Change In Receivables Related Terms

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EQB (TSX:EQB) Business Description

Industry
Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Andrew Moor Senior Officer

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