GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp Inc (NAS:FNLC) » Definitions » Change In Receivables

First Bancorp (First Bancorp) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is First Bancorp Change In Receivables?

First Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means First Bancorp's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

First Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means First Bancorp's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

First Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $11.89 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 Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Bancorp's liquidation value for the three months ended in Dec. 2023 was $-2,377.22 Mil.


First Bancorp Change In Receivables Historical Data

The historical data trend for First 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.

* Premium members only.

First Bancorp Change In Receivables Chart

First Bancorp 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 - - - - -

First Bancorp 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 - - - - -

First 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


First Bancorp  (NAS:FNLC) 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 Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.894/19.96*91
=54.38

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

First Bancorp'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)
=317.483-2703.619+0.75 * 11.894+0.5 * 0
=-2,377.22

* 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.


First Bancorp Change In Receivables Related Terms

Thank you for viewing the detailed overview of First Bancorp's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


First Bancorp (First Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
223 Main Street, Damariscotta, ME, USA, 04543
First Bancorp Inc is a Damariscotta-based bank holding company providing a range of retail and commercial banking services including deposit accounts and consumer, commercial and mortgage loans. The company provides investment management and private banking services through an operating division of the bank. Its revenues are generally derived from dividends paid to the company by the bank.
Executives
Stuart G Smith director P O BOX 940, DAMARISCOTTA ME 045430940
Robert B Gregory director P O BOX 940, DAMARISCOTTA ME 045430940
Sarah Tolman officer: EVP - CBO PO BOX 940, DAMARISCOTTA ME 04543
Kimberly Swan director PO BOX 940, DAMARISCOTTA ME 04543
Susan A Norton officer: VP - HR and Compliance P O BOX 940, DAMARISCOTTA ME 045430940
Mark N Rosborough director PO BOX 940, DAMARISCOTTA ME 04543
Renee W Kelly director PO BOX 940, DAMARISCOTTA ME 04543
Russell Cornelius J director PO BOX 940, DAMARISCOTTA MD 04543
Jonathan W Nicholson officer: EVP - Chief Lending Officer PO BOX 940, DAMARISCOTTA ME 04543
Tony C Mckim director, officer: President & CEO PO BOX 940, DAMARISCOTTA ME 04543
Peter C Nicholson officer: EVP - Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Tammy L Plummer officer: EVP - CIO PO BOX 940, DAMARISCOTTA ME 04543
Charles A Wooton officer: Clerk, SVP - Banking Services P O BOX 940, DAMARISCOTTA ME 045430940
Steven Parady officer: Chief Fiduciary Officer PO BOX 940, DAMARISCOTTA ME 04543
Katherine M Boyd director P O BOX 940, DAMARISCOTTA ME 045430940

First Bancorp (First Bancorp) Headlines

From GuruFocus

The First Bancorp Declares Third Quarter Dividend

By Business Wire Business Wire 09-25-2020

The First Bancorp Declares First Quarter Dividend

By Business Wire Business Wire 03-27-2020

The First Bancorp Declares Second Quarter Dividend

By Business Wire Business Wire 06-24-2021

The First Bancorp Declares First Quarter Dividend

By Business Wire Business Wire 03-31-2022

The First Bancorp Declares First Quarter Dividend

By Business Wire Business Wire 03-30-2023

The First Bancorp Names New Director

By Business Wire Business Wire 05-03-2021