Sound Financial Bancorp (Sound Financial Bancorp) Accounts Receivable : $3.45 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Sound Financial Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sound Financial Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $3.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sound Financial Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 36.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sound Financial Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-327.13.

Sound Financial Bancorp Accounts Receivable Historical Data

The historical data trend for Sound Financial 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.

Sound Financial Bancorp Accounts Receivable Chart

Sound Financial Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

2.21

2.25

2.22

3.08

3.45

Sound Financial Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															3.08	3.15	3.10	3.42	3.45

Sound Financial Bancorp Accounts Receivable Calculation

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

Sound Financial 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.

Sound Financial 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
=	3.452	/	8.633	*	91
=	36.49

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

Sound Financial 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)
=	(57.977	+	0.75 * 3.452	+	0.5 * 0	-	894.567
-	0	-	0)	/	2.54943
=	-327.13

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.

Sound Financial Bancorp Accounts Receivable Related Terms

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

Sound Financial Bancorp (Sound Financial Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sound Financial Bancorp Inc (NAS:SFBC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2400 3rd Avenue, Suite 150, Seattle, WA, USA, 98121

Website

https://www.soundcb.com

Sound Financial Bancorp Inc operates as the holding company for Sound Community Bank that provides traditional banking and other financial services for individuals and businesses. It attracts retail and commercial deposits from the public and invests those funds, along with borrowed funds, in loans secured by first and second mortgages on one-to-four-family residences including home equity loans and lines of credit, commercial and multifamily real estate, construction and land, consumer and commercial business loans. The bank also offers secured and unsecured consumer loan products, including manufactured home loans, floating home loans, automobile loans, boat loans, and recreational vehicle loans.

Executives

Joseph Stilwell	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Robert F Carney	director	C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
James E Sweeney	director	C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Haddad David S Jr	director, other: Vice Chairman of the Board	C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Brandon Lance	officer: SVP, Chief Credit Officer	SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Jennifer L Mallon	officer: Sr. VP & Chief Acct. Officer	SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Daphne Kelley	officer: Chief Financial Officer	C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Wes Ochs	officer: Executive Vice President	SOUND FINANCIAL, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Stilwell Partners L P	10 percent owner	111 BROADWAY, 12TH FL., NEW YORK NY 10006
Stilwell Value Llc	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Value Partners Vii, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Fund, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Stilwell Activist Investments, L.p.	10 percent owner	111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Charles L Turner	officer: SVP, Chief Credit Officer	C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121
Debra Jones	director	C/O SOUND FINANCIAL INC, 2400 3RD AVE., SUITE 150, SEATTLE WA 98121