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Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Accounts Receivable : $28.5 Mil (As of Dec. 2023)


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What is Farmers & Merchants Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Farmers & Merchants Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $28.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Farmers & Merchants Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 47.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Farmers & Merchants Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5,541.17.


Farmers & Merchants Bancorp Accounts Receivable Historical Data

The historical data trend for Farmers & Merchants 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.

* Premium members only.

Farmers & Merchants Bancorp Accounts Receivable Chart

Farmers & Merchants Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.02 20.33 18.10 21.60 28.52

Farmers & Merchants Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 16.82 22.12 25.80 28.52 -

Farmers & Merchants Bancorp Accounts Receivable Calculation

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


Farmers & Merchants 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.

Farmers & Merchants Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.52/55.121*91
=47.21

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

Farmers & Merchants Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(593.154+0.75 * 28.52+0.5 * 0-4759.173
-0-0)/0.74797
=-5,541.17

* 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.


Farmers & Merchants Bancorp Accounts Receivable Related Terms

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Farmers & Merchants Bancorp (Farmers & Merchants Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
111 W. Pine Street, Lodi, CA, USA, 95240
Farmers & Merchants Bancorp is a bank holding company. The bank offers services such as checking accounts, savings accounts, money market accounts, online banking, mobile banking, home loans, and other banking services.
Executives
Craig W. James director 111 W. PINE ST., LODI CA 95240
Kyle Koelbel officer: Executive Vice President 121 W. PINE STREET, LODI CA 95240
Jay J Colombini officer: Executive Vice President 111 W. PINE ST., LODI CA 95240
David Zitterow officer: Executive Vice President 111 W. PINE ST, LODI CA 95240
J. Ryan Misasi officer: Executive Vice President 111 W. PINE ST., LODI CA 95240
Bart R Olson officer: Executive Vice President PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
John W Weubbe officer: Executive Vice President 121 W PINE STREET, LODI CA 95240
Kevin Sanguinetti director
Mark K Olson officer: Executive Vice President 121 W. PINE STREET, 20 EAST CARRILLO STREET, LODI CA 95240
Terrence A Young director 111 W. PINE ST., LODI CA 95240
Steven K. Green director 111 W. PINE ST., LODI CA 95240
Calvin J Seuss director 1249 S. AVENA, LODI CA 95240
Deborah E Hodkin officer: Executive Vice President 1919 CRYSTALWOOD LN, LODI CA 95242
Gary J. Long director 320 LINCOLN CENTER, STOCKTON CA 95027
Edward Jr Corum director 1005 12TH ST, SUITE 6, SACRAMENTO CA 95814