1st Constitution Bancorp (1st Constitution Bancorp) Change In Receivables : $1.31 Mil (TTM As of Sep. 2021)

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What is 1st Constitution Bancorp Change In Receivables?

1st Constitution Bancorp's change in receivables for the quarter that ended in Sep. 2021 was $-0.07 Mil. It means 1st Constitution Bancorp's Accounts Receivable increased by $0.07 Mil from Jun. 2021 to Sep. 2021 .

1st Constitution Bancorp's change in receivables for the fiscal year that ended in Dec. 2020 was $-0.33 Mil. It means 1st Constitution Bancorp's Accounts Receivable increased by $0.33 Mil from Dec. 2019 to Dec. 2020 .

1st Constitution Bancorp's Accounts Receivable for the quarter that ended in Sep. 2021 was $4.38 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. 1st Constitution Bancorp's Days Sales Outstanding for the three months ended in Sep. 2021 was 21.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 1st Constitution Bancorp's liquidation value for the three months ended in Sep. 2021 was $-1,177.61 Mil.

1st Constitution Bancorp Change In Receivables Historical Data

The historical data trend for 1st Constitution Bancorp'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.

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1st Constitution Bancorp Change In Receivables Chart

1st Constitution Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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-0.24

-0.38

-0.12

-0.31

-0.33

1st Constitution Bancorp Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial															0.05	0.42	0.61	0.36	-0.07

1st Constitution Bancorp 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.31 Mil.

1st Constitution Bancorp (NAS:FCCY) 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.

1st Constitution Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.379	/	18.711	*	91
=	21.36

2. In Ben Graham's calculation of liquidation value, 1st Constitution Bancorp's accounts receivable are only considered to be worth 75% of book value:

1st Constitution Bancorp's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	529.726	-	1710.617	+	0.75 * 4.379	+	0.5 * 0
=	-1,177.61

1st Constitution Bancorp Change In Receivables Related Terms

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1st Constitution Bancorp (1st Constitution Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » 1st Constitution Bancorp (NAS:FCCY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2650 Route 130, P.O. Box 634, Cranbury, NJ, USA, 08512

Website

https://www.1stconstitution.com

1st Constitution Bancorp is a United States-based bank holding company. Through its subsidiaries, it provides commercial and retail banking. It mainly provides its services to individuals, families, institutions, and small businesses in central and coastal New Jersey and the Fort Lee area of Bergen County. Its loan portfolio segment includes residential real estate loans, home equity loans, and other loans to individuals. It operates in a single segment, which is Community Banking.

Executives

Crow Charles S Iii	director
Naqi A Naqvi	officer: Senior VP and CAO	23 GREEN RIDGE MANALAPAN NJ 07726
John T Andreacio	officer: Chief Lending Officer and EVP	KNBT BANCORP, INC. 90 HIGHLAND AVENUE BETHLEHEM PA 18017
Stephen J Gilhooly	officer: SVP, CFO and Treasurer	1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Carmen M Penta	director	C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Edwin J Pisani	director	C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
William M Rue	director	40 WANTAGE AVE, BRANCHVILLE NJ 07890
William James Barrett	director	C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Roy D Tartaglia	director	C/O 1ST CONSTITUTION BANK 2650 ROUTE 130 CRANBURY NJ 08512
James G Aaron	director	C/O 1ST CONSTITUTION BANK 2650 ROUTE 130 CRANBURY NJ 08512
J. Lynne Cannon	director	1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Antonio L. Cruz	director	1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Raymond R. Ciccone	director	C/O 1ST CONSTITUTION BANCORP 2650 ROUTE 130 CRANBURY NJ 08512
Robert F Mangano	director, officer: President and CEO	C/O 1ST CONSTITUTION BANCORP, 2650 ROUTE 130, CRANBURY NJ 08512
Walsh Frank E. Iii	director	330 SOUTH STREET, SUITE 4, MORRISTOWN NJ 07960