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Dimeco (Dimeco) Accounts Receivable : $4.01 Mil (As of Mar. 2024)


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What is Dimeco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dimeco's accounts receivables for the quarter that ended in Mar. 2024 was $4.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dimeco's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 35.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dimeco's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-278.33.


Dimeco Accounts Receivable Historical Data

The historical data trend for Dimeco'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.

* Premium members only.

Dimeco Accounts Receivable Chart

Dimeco Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.89 2.83 3.31 3.79

Dimeco Quarterly Data
Sep12 Dec12 Dec16 Dec17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable 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 3.31 3.31 3.74 3.79 4.01

Dimeco Accounts Receivable Calculation

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


Dimeco 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.005/10.244*91
=35.68

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

Dimeco'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)
=(198.631+0.75 * 4.005+0.5 * 0-905.257
-0-0)/2.528
=-278.33

* 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.


Dimeco Accounts Receivable Related Terms

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Dimeco (Dimeco) Business Description

Traded in Other Exchanges
N/A
Address
820 Church Street, P.O Box 509, Honesdale, PA, USA, 18431
Dimeco Inc is a United States-based holding company. It provides a range of lending, depository, and financial services to individuals and small to medium-sized businesses. The bank offers an array of financial services and solutions ranging from traditional products to electronic banking, and wealth management services. It also offers personal banking services, business banking services, loans, and credit facilities and others.
Executives
Henry M Skier director
Todd J Stephens director 820 CHURCH STREET, HONESDALE PA 18431
Gary C Beilman officer: Chief Executive Officer
Robert E Genirs director
Pete Bochnovich officer: Vice President
Barbara J Genzlinger director
John F Spall director
William E Schwarz director
Thomas A Peifer director
Maureen H Beilman officer: Chief Financial Officer
John S Kiesendahl director
Joseph J Murray officer: President

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