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Ames National (Ames National) Change In Receivables : $-1.68 Mil (TTM As of Dec. 2023)


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What is Ames National Change In Receivables?

Ames National's change in receivables for the quarter that ended in Dec. 2023 was $0.84 Mil. It means Ames National's Accounts Receivable declined by $0.84 Mil from Sep. 2023 to Dec. 2023 .

Ames National's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.68 Mil. It means Ames National's Accounts Receivable increased by $1.68 Mil from Dec. 2022 to Dec. 2023 .

Ames National's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.00 Mil.

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 Receivable are being managed. Ames National's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ames National's liquidation value for the three months ended in Dec. 2023 was $-1,189.30 Mil.

Ames National Change In Receivables Historical Data

The historical data trend for Ames National's Change In Receivables 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.

Ames National Change In Receivables Chart

Ames National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.65 1.02 -1.15 -1.68

Ames National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 0.68 0.03 -3.23 0.84 -

Ames National Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.68 Mil.

* 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.

Ames National  (NAS:ATLO) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/13.251*91
=0.00

2. In Ben Graham's calculation of liquidation value, Ames National's accounts receivable are only considered to be worth 75% of book value:

Ames National's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=800.394-1989.693+0.75 * 0+0.5 * 0
=-1,189.30

* 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.

Ames National Change In Receivables Related Terms

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Ames National (Ames National) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ames National Corp (NAS:ATLO) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
405 5th Street, Box 846, Ames, IA, USA, 50010
Website
https://www.amesnational.com
Ames National Corporation is a United States-based bank holding company. Through its subsidiaries, it provides checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit of payroll and social security checks, and automated/video teller machine access. Its loan portfolio comprises commercial, residential & agricultural real estate loans; agricultural & business operating loans & lines of credit; equipment loans; vehicle loans; personal loans; and mortgage loans. Its operations are conducted primarily in central, north central, and south-central Iowa.
Executives
Michelle R Cassabaum director PO BOX 846, AMES IA 50010
Jeffrey K Putzier other: President of Subsidiary Bank POST OFFICE BOX 846, AMES IA 50010
John Patrick Nelson officer: Vice President POST OFFICE BOX 846, AMES IA 50010
Scott T Bauer other: Ex VP of Subsidiary bank PO BOX 846, AMES IA 50010
Patrick G Hagan director PO BOX 846, AMES IA 50010
Kevin L Swartz director PO BOX 846, AMES IA 50010
Betty A Baudler director PO BOX 846, AMES IA 50010
Larson James R Ii director 3321 RIDGETOP RD, AMES IA 50014
Adam Snodgrass other: President of subsidiary bank PO BOX 846, AMES IA 50010
John L Pierschbacher officer: Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Robert A Thomas other: President of subsidiary bank PO BOX 846, AMES IA 50010
Lisa M Eslinger director PO BOX 846, AMES IA 50014
Jeffery C Baker director PO BOX 846, AMES IA 50010
David W. Benson director PO BOX 846, AMES IA 50010
Dan E Johnson other: President of subsidiary bank PO BOX 846, AMES IA 50010