Renasant (Renasant) Accounts Receivable : $0.0 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Renasant Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Renasant's accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Renasant's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Renasant's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-237.58.

Renasant Accounts Receivable Historical Data

The historical data trend for Renasant'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.

Renasant Accounts Receivable Chart

Renasant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

Renasant 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															-	-	-	-	-

Renasant Accounts Receivable Calculation

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

Renasant 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.

Renasant's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	145.689	*	91
=	0.00

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

Renasant'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)
=	(1724.63	+	0.75 * 0	+	0.5 * 0	-	15063.152
-	0	-	0)	/	56.1422
=	-237.58

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.

Renasant Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Renasant's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Renasant (Renasant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

209 Troy Street, Tupelo, MS, USA, 38804-4827

Website

https://www.renasantbank.com

Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

Executives

Curtis J Perry	officer: SEVP	P.O. BOX 120, COLUMBUS GA 31902
John Foy	director	1881 N PARC CIRCLE, TUPELO MS 38804
Rose J. Flenorl	director	209 TROY STREET, TUPELO MS 38804
Holland Neal A Jr	director	PO BOX 1948, DECATUR AL 35602
Baxter Jimmy R. Iii	officer: EVP/Chief Risk Officer	209 TROY ST, TUPELO MS 38804
James W Gray	officer: Executive Vice President
John Creekmore	director
Edward Robinson Mcgraw	officer: CEO/Pres
Mabry James C. Iv	officer: EVP and CFO	209 TROY STREET, TUPELO MS 38804
Kelly Hutcheson	officer: EVP/Chief Accounting Officer	209 TROY STREET, TUPELO MS 38804
R Rick Hart	director, officer: Sr Executive Vice President	916 CHANCERY LN, NASHVILLE TN 37205
Richard Heyer	director
Gary D. Butler	director	209 TROY STREET, TUPELO MS 38804
Bartow Jr Morgan	officer: Executive Vice President	106 E CROGAN STREET, LAWRENCEVILLE GA 30046
Fred F Sharpe	director	C/O HERITAGE FINANCIAL GROUP, 721 N WESTOVER BOULEVARD, ALBANY GA 31707