Village Bank and Trust Financial (Village Bank and Trust Financial) Accounts Receivable : $3.83 Mil (As of Dec. 2023)

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What is Village Bank and Trust Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Village Bank and Trust Financial's accounts receivables for the quarter that ended in Dec. 2023 was $3.83 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Village Bank and Trust Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Village Bank and Trust Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-368.56.

Village Bank and Trust Financial Accounts Receivable Historical Data

The historical data trend for Village Bank and Trust 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.

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Village Bank and Trust Financial Accounts Receivable Chart

Village Bank and Trust Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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2.60

4.94

3.25

3.65

3.83

Village Bank and Trust Financial 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															3.65	3.57	3.48	3.54	3.83

Village Bank and Trust Financial Accounts Receivable Calculation

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

Village Bank and Trust 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.

Village Bank and Trust Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.827	/	7.84	*	91
=	44.54

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

Village Bank and Trust Financial'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)
=	(115.968	+	0.75 * 3.827	+	0.5 * 0	-	669.06
-	0	-	0)	/	1.49288
=	-368.56

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.

Village Bank and Trust Financial Accounts Receivable Related Terms

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Village Bank and Trust Financial (Village Bank and Trust Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Village Bank and Trust Financial Corp (NAS:VBFC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13319 Midlothian Turnpike, Midlothian, VA, USA, 23113

Website

https://www.villagebank.com

Village Bank and Trust Financial Corp is a bank holding company. The bank is the primary operating business of the company. It offers a range of banking and related financial services, including checking, savings, certificates of deposit and other depository services, and commercial, real estate, and consumer loans, primarily in the Richmond, Virginia and Williamsburg, Virginia metropolitan areas. Its operating segment includes Commercial Banking and Mortgage Banking. The company generates maximum revenue from the Commercial Banking segment.

Executives

Selena Trudy Sanderson	director	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113
Ronald L. Carey	director	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113
Jennifer J. Church	director	P.O. BOX 330, MIDLOTHIAN VA 23113
Mary Margaret Kastelberg	director	P.O. BOX 330, MIDLOTHIAN VA 23113
Christy Quesenbery	officer: EVP-Operations	11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Roy I Barzel	officer: EVP-CCO	11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Kenneth R Lehman	10 percent owner	122 N GORDON ROAD, FT LAUDERDALE FL 33301
Craig D Bell	director	PO BOX 330, MIDLOTHIAN VA 23113
Jenkins Frank E. Jr.	director	PO BOX 330, MIDLOTHIAN VA 23113
Avery Raymond Thomas Iii	director	PO BOX 330, MIDLOTHIAN VA 23113
Michael A Katzen	director	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
William G Foster	officer: Senior Vice President	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
Hendricks James E Jr	officer: EVP-Chief Credit Officer	C/O VILLAGE BANK, P.O. BOX 330, MIDLOTHIAN VA 23113
Charles E Walton	director	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
Kaloski Donald M. Jr.	officer: EVP-CFO	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113