First Mid Bancshares (First Mid Bancshares) Change In Receivables : $-4.9 Mil (TTM As of Mar. 2024)

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What is First Mid Bancshares Change In Receivables?

First Mid Bancshares's change in receivables for the quarter that ended in Mar. 2024 was $-2.6 Mil. It means First Mid Bancshares's Accounts Receivable increased by $2.6 Mil from Dec. 2023 to Mar. 2024 .

First Mid Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.7 Mil. It means First Mid Bancshares's Accounts Receivable increased by $2.7 Mil from Dec. 2022 to Dec. 2023 .

First Mid Bancshares's Accounts Receivable for the quarter that ended in Mar. 2024 was $37.7 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. First Mid Bancshares's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Mid Bancshares's liquidation value for the three months ended in Mar. 2024 was $-5,353.2 Mil.

First Mid Bancshares Change In Receivables Historical Data

The historical data trend for First Mid Bancshares'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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First Mid Bancshares Change In Receivables Chart

First Mid Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.30

-3.71

2.38

-6.72

-2.70

First Mid Bancshares 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															-0.37	-0.25	-3.47	1.39	-2.59

First Mid Bancshares 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.9 Mil.

First Mid Bancshares (NAS:FMBH) 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.

First Mid Bancshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.667	/	78.757	*	91
=	43.64

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

First Mid Bancshares's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1498.858	-	6880.294	+	0.75 * 37.667	+	0.5 * 0
=	-5,353.2

First Mid Bancshares Change In Receivables Related Terms

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First Mid Bancshares (First Mid Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Mid Bancshares Inc (NAS:FMBH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1421 Charleston Avenue, Mattoon, IL, USA, 61938

Website

https://www.firstmid.com

First Mid Bancshares Inc is a United States based financial holding company. Through its wholly-owned subsidiary, First Mid Bank, it is primarily engaged in the business of banking. It also provides data processing services to affiliates and insurance products and services to customers through its subsidiary. The company's operations cover community banking, wealth management and insurance services. Key revenue is derived from the provision of community banking services.

Executives

Todd J James	director	400 BROAD ST, BELOITT WI 53511
Clay M Dean	officer: SVP-Chief Deposit Services	2816 WESTERN AVE, MATTOON IL 61938
Robert S Cook	director	631 S BODIN ST, HINSDALE IL 60521
Laura J Hughes	officer: EVP, Chief Marketing & Deposit	1251 DEER CREEK RDG, DUBUQUE IA 52003
Bradley L Beesley	officer: Executive VP-Wealth Management	1906 SUNSET AVE, EFFINGHAM IL 62401
James Kyle Mccurry	director	302 CAMPUSVIEW DRIVE, SUITE 108, COLUMBIA MO 65201
Gisele A Marcus	director	3827 SHAW BOULEVARD, ST. LOUIS MO 63110
Megan E Mcelwee	officer: SVP, Chief Credit Officer	18537 E COUNTY ROAD 1280N, CHARLESTON IL 61920
Anya Y Schuetz	officer: VP, Director of Project Mgmt	2119 REYNOLDS DRIVE, CHARLESTON IL 61938
Jordan D. Read	officer: SVP, Chief Risk Officer	1713 CHANDLER WAY, ST. CHARLES MO 63303
Rhonda G Gatons	officer: SVP, Director Human Resources	909 E 625 NORTH ROAD, TOWER HILL IL 62571
Ray A Sparks	director	30 S COUNTRY CLUB RD, MATTOON IL 61938
David R. Hiden	officer: SVP, Chief Information Officer	1421 CHARLESTON AVE, MATTOON IL 61938
Zachary Horn	director	8 SOUTH WASHINGTON STREET, SULLIVAN IL 61951
Mary Westerhold	director	6814 GOSHEN ROAD, EDWARDSVILLE IL 62025