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Hamilton Bancorp (Hamilton Bancorp) Accounts Receivable : $1.45 Mil (As of Dec. 2018)


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What is Hamilton Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hamilton Bancorp's accounts receivables for the quarter that ended in Dec. 2018 was $1.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hamilton Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 35.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hamilton Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-104.77.


Hamilton Bancorp Accounts Receivable Historical Data

The historical data trend for Hamilton 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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Hamilton Bancorp Accounts Receivable Chart

Hamilton Bancorp Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Receivable
Get a 7-Day Free Trial 0.79 0.84 0.95 1.31 1.47

Hamilton Bancorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.51 1.47 1.47 1.51 1.45

Hamilton Bancorp Accounts Receivable Calculation

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


Hamilton 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.

Hamilton Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.449/3.719*91
=35.55

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

Hamilton Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(80.753+0.75 * 1.449+0.5 * 0-439.764
-0-0)/3.41641
=-104.77

* 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.


Hamilton Bancorp Accounts Receivable Related Terms

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Hamilton Bancorp (Hamilton Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
501 Fairmount Avenue, Suite 200, Towson, MD, USA, 21286
Hamilton Bancorp Inc is part of the financial services sector. As a bank holding company for Hamilton Bank its core activity is accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. Most of its revenue is generated from the interest received on commercial real estate loans.
Executives
Robert A Dealmeida director, officer: President and CEO C/O HAMILTON BANCORP, INC., 501 FAIRMOUNT AVENUE, SUITE 200, TOWSON MD 21286