United Community Banks (United Community Banks) Accounts Receivable : $87.8 Mil (As of Dec. 2023)

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What is United Community Banks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Community Banks's accounts receivables for the quarter that ended in Dec. 2023 was $87.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Community Banks's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Community Banks's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-165.73.

United Community Banks Accounts Receivable Historical Data

The historical data trend for United Community Banks'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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United Community Banks Accounts Receivable Chart

United Community Banks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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32.66

47.67

43.00

72.81

87.78

United Community Banks 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															-	-	-	87.78	-

United Community Banks Accounts Receivable Calculation

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

United Community Banks 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	87.782	/	175.256	*	91
=	45.71

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

United Community Banks'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)
=	(4334.959	+	0.75 * 87.782	+	0.5 * 0	-	24035.726
-	88.266	-	0)	/	119.01
=	-165.73

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.

United Community Banks Accounts Receivable Related Terms

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United Community Banks (United Community Banks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Community Banks Inc (NAS:UCBI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

UCBIO.PFD:USA

Address

125 Highway 515 East, Blairsville, GA, USA, 30512

Website

https://www.ucbi.com

United Community Banks Inc is a bank holding company that operates through its wholly-owned subsidiary, Union Community Bank. The bank has scores of offices throughout portions of Georgia, Tennessee, and the Carolinas. It has traditionally grown through the organic growth of existing offices and de novo locations, complemented by selective acquisitions. United conducts substantially all of its operations through a community-focused operating model of separate community banks. The community banks offer a full range of retail and corporate banking services, including checking, savings, and time deposit accounts, as well as secured and unsecured loans, wire transfers, brokerage services, and other financial services. The bank's loan portfolio is well-diversified but predominantly commercial.

Executives

Abraham Cox	officer: CHIEF MARKETING OFFICER	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Richard Bradshaw	officer: President, Specialized Lending	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
George B. Bell	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Kenneth L Daniels	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Holly N Berry	officer: Chief Human Resources Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
H Lynn Harton	officer: Chief Operating Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Robert H Blalock	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Jennifer M. Bazante	director	C/O UNITED COMMUNITY BANKS INC., PO BOX 398, BLAIRSVILLE GA 30514
Robert A. Edwards	officer: EVP, CHIEF CREDIT OFFICER	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Jefferson L Harralson	officer: EVP, CFO	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Alan H Kumler	officer: VP & Controller	C/O UNITED COMMUNITY BANKS INC, PO BOX 398, BLAIRSVILLE GA 30514
James P Clements	director	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Thomas A Richlovsky	director	C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Melinda Davis Lux	officer: EVP, GENERAL COUNSEL	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Mark Aaron Terry	officer: Chief Information Officer	C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514