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Rizal Commercial Banking (PHS:RCB) Accounts Receivable : ₱0 Mil (As of Mar. 2024)


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What is Rizal Commercial Banking Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rizal Commercial Banking's accounts receivables for the quarter that ended in Mar. 2024 was ₱0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rizal Commercial Banking'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. Rizal Commercial Banking's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-392.36.


Rizal Commercial Banking Accounts Receivable Historical Data

The historical data trend for Rizal Commercial Banking'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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Rizal Commercial Banking Accounts Receivable Chart

Rizal Commercial Banking Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Rizal Commercial Banking Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Rizal Commercial Banking Accounts Receivable Calculation

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


Rizal Commercial Banking 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.

Rizal Commercial Banking's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/11239*91
=0.00

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

Rizal Commercial Banking'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)
=(130779+0.75 * 0+0.5 * 0-1080106
-3-6)/2419.54
=-392.36

* 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.


Rizal Commercial Banking Accounts Receivable Related Terms

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Rizal Commercial Banking (PHS:RCB) Business Description

Traded in Other Exchanges
N/A
Address
6819 Ayala Avenue Corner Sen Gil Puyat Avenue, 12th Floor, Yuchengco Tower, RCBC Plaza, Makati, PHL, 1200
Rizal Commercial Banking Corporation is a bank based in Makati City, the Philippines. The company provides banking and financial products and services to its customers in the Philippines but also in Asia, Europe, and the United States. The bank operates in the below segments: Retail, Corporate, Small and Medium enterprises, Treasury, and Others. Of these segments, the contributor to revenue is the retail banking function, followed by corporate banking. Services provided to clients include checking and savings accounts, deposits, credit cards, consumer and commercial loans, money market and trading services, investment banking, foreign exchange, wealth management, economic and investment research, syndicated loans, and wholesale lending.

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