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Flagstar Bancorp (Flagstar Bancorp) Accounts Receivable : $0 Mil (As of Sep. 2022)


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What is Flagstar Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flagstar Bancorp's accounts receivables for the quarter that ended in Sep. 2022 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flagstar Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2022 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. Flagstar Bancorp's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-370.93.


Flagstar Bancorp Accounts Receivable Historical Data

The historical data trend for Flagstar Bancorp'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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Flagstar Bancorp Accounts Receivable Chart

Flagstar Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
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Flagstar Bancorp Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Flagstar Bancorp Accounts Receivable Calculation

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


Flagstar Bancorp 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.

Flagstar Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/297*91
=0.00

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

Flagstar Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(3045+0.75 * 0+0.5 * 0-22827
-0-0)/53.3308
=-370.93

* 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.


Flagstar Bancorp Accounts Receivable Related Terms

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Flagstar Bancorp (Flagstar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5151 Corporate Drive, Troy, MI, USA, 48098-2639
Flagstar Bancorp Inc is a thrift that originates, services, and sells loans across the United States. The bank has around $14.2 billion in assets and $7.8 billion in deposits. First mortgage, second mortgage, and commercial real estate loans collectively compose 88% of the bank's investment portfolio.
Executives
Karen Buck officer: EVP and Director of Operations 5151 CORPORATE DRIVE, TROY MI 48098
Toan Huynh director 5151 CORPORATE DRIVE, TROY MI 48098
Lori Jordan director 5151 CORPORATE DRIVE, TROY MI 48098
David J Matlin director
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Mp Thrift Investments L.p. 10 percent owner MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Reginald E Davis officer: EVP and President of Banking 5151 CORPORATE DRIVE, TROY MI 48098
Kristy Fercho officer: EVP and President of Mortgage 5151 CORPORATE DRIVE, TROY MI 48098
Andrew W Ottaway officer: Michigan Market President 5151 CORPORATE DRIVE, TROY MI 48098
Jennifer R Whip director 621 PUGH ROAD, WAYNE PA 19087
Patrick M Mcguirk officer: EVP and Gen Counsel 5151 CORPORATE DRIVE, TROY MI 48098
Leonard Ii Israel officer: Exec VP 5151 CORPORATE DRIVE, TROY MI 48098
Andrew Fornarola officer: EVP and Director Com Bnking FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bruce E Nyberg director FLAGSTAR BANCORP INC, 5151 CORPORATE DRIVE, TROY MI 48098
Bryan Marx officer: SVP Chief Accting Officer(PAO) 5151 CORPORATE DRIVE, TROY MI 48098