Grupo Aval Acciones y Valores S.A. Accounts Receivables 2011-2026 | AVAL

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Quarterly Accounts Receivables Grupo Aval Acciones y Valores S.A.

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	-	-	-	-	-	-	61.6 B	-	-	-	52.9 B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in COP currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
61.6 B	52.9 B	57.3 B

Accounts Receivables of other stocks in the Banks industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
Credit Suisse Group AG CS	687 M	-	-0.03 %	$ 3.27 B	Schweiz
America First Multifamily Investors, L.P. ATAX	11.6 M	-	-0.1 %	$ 424 M	USA
The Bank of Nova Scotia BNS	2.81 B	$ 70.27	0.23 %	$ 56 B	Canada
Bank of the James Financial Group BOTJ	3.38 M	$ 21.06	-0.19 %	$ 95.7 M	USA
Royal Bank of Canada RY	2.36 B	$ 164.45	0.65 %	$ 128 B	Canada
The Toronto-Dominion Bank TD	2.2 B	$ 95.89	0.7 %	$ 113 B	Canada
Foreign Trade Bank of Latin America BLX	41.1 M	$ 52.69	0.78 %	$ 914 K	Panama
Bank of Montreal BMO	1.59 B	$ 137.36	0.83 %	$ 54.1 B	Canada
Canadian Imperial Bank of Commerce CM	1.32 B	$ 97.17	0.99 %	$ 17.8 B	Canada
East West Bancorp EWBC	116 M	$ 109.95	0.88 %	$ 15.3 B	USA
Generations Bancorp NY GBNY	1.61 M	-	1.23 %	$ 34.4 M	USA
HDFC Bank Limited HDB	134 B	$ 25.67	3.38 %	$ 142 B	India
International Bancshares Corporation IBOC	72.4 M	$ 68.26	0.72 %	$ 4.24 B	USA
OptimumBank Holdings OPHC	3.62 M	-	0.21 %	$ 34.4 M	USA
Premier Financial Corp. PFC	35.5 M	-	-	$ 1 B	USA
South State Corporation SSB	93.9 M	$ 94.15	0.26 %	$ 9.51 B	USA
UBS Group AG UBS	591 M	$ 39.69	0.66 %	$ 81.8 B	Schweiz
Wells Fargo & Company WFC	19.7 B	$ 81.85	1.55 %	$ 262 B	USA
Citigroup C	2 B	$ 117.36	1.83 %	$ 215 B	USA
The Bank of N.T. Butterfield & Son Limited NTB	8.7 M	$ 53.85	0.71 %	$ 1.43 B	Bermuda