Hingham Institution forvings (Hingham Institution forvings) Change In Receivables

: $-4.09 Mil (TTM As of Jun. 2023)

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Hingham Institution forvings's change in receivables for the quarter that ended in Jun. 2023 was $0.00 Mil. It means Hingham Institution forvings's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Hingham Institution forvings's change in receivables for the fiscal year that ended in Dec. 2023 was $-3.28 Mil. It means Hingham Institution forvings's Accounts Receivable increased by $3.28 Mil from Dec. 2022 to Dec. 2023 .

Hingham Institution forvings's Accounts Receivable for the quarter that ended in Jun. 2023 was $7.39 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. Hingham Institution forvings's Days Sales Outstanding for the three months ended in Jun. 2023 was 36.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hingham Institution forvings's liquidation value for the three months ended in Jun. 2023 was $-3,551.25 Mil.

Hingham Institution forvings Change In Receivables Historical Data

The historical data trend for Hingham Institution forvings'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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Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-2.22

-0.29

-0.15

-9.18

-3.28

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Change In Receivables																-3.03	-1.13	-2.96	-	-

Hingham Institution forvings 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.09 Mil.

Hingham Institution forvings (NAS:HIFS) 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.

Hingham Institution forvings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.388	/	18.698	*	91
=	36.05

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

Hingham Institution forvings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	354.084	-	3910.874	+	0.75 * 7.388	+	0.5 * 0
=	-3,551.25

Hingham Institution forvings Change In Receivables Related Terms

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Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.