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Stewardship Financial (Stewardship Financial) Accounts Receivable : $2.64 Mil (As of Jun. 2019)


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What is Stewardship Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stewardship Financial's accounts receivables for the quarter that ended in Jun. 2019 was $2.64 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stewardship Financial's Days Sales Outstanding for the quarter that ended in Jun. 2019 was 30.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stewardship Financial's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $-88.30.


Stewardship Financial Accounts Receivable Historical Data

The historical data trend for Stewardship Financial'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.

Stewardship Financial Accounts Receivable Chart

Stewardship Financial Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.97 2.13 2.57 2.70

Stewardship Financial Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 2.47 2.65 2.70 2.72 2.64

Stewardship Financial Accounts Receivable Calculation

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


Stewardship Financial 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.

Stewardship Financial's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.64/7.937*91
=30.35

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

Stewardship Financial's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 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)
=(108.727+0.75 * 2.64+0.5 * 0-880.174
-0-0)/8.71422
=-88.30

* 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.


Stewardship Financial Accounts Receivable Related Terms

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Stewardship Financial (Stewardship Financial) Business Description

Traded in Other Exchanges
N/A
Address
630 Godwin Avenue, Midland Park, NJ, USA, 07432
Stewardship Financial Corp is a part of the financial services sector. It operates through the Atlantic Stewardship Bank in providing services such as personal banking, business banking, investment, and e-services. Under its personal banking business, it provides services like cash back checking, ideal checking, statement savings and money market accounts. Its business banking umbrella comprises of business checking, business savings, and merchant services. The bank also provides mortgages, home equity, commercial loans and consumer loans.
Executives
Ostenbridge Paul Van director, officer: President & CEO 313 LONGBOW DRIVE, FRANKLIN LAKES NJ 07417
Howard Yeaton director 79 LLOYD ROAD, HOHOKUS NJ 07423
James J Burke officer: Chief Financial Officer 37 18 NORTHERN BLVD, LONG ISLAND CITY NY 11101