Northrim BanCorp (Northrim BanCorp) Change In Receivables : $-2.0 Mil (TTM As of Dec. 2023)

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What is Northrim BanCorp Change In Receivables?

Northrim BanCorp's change in receivables for the quarter that ended in Dec. 2023 was $1.2 Mil. It means Northrim BanCorp's Accounts Receivable declined by $1.2 Mil from Sep. 2023 to Dec. 2023 .

Northrim BanCorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.0 Mil. It means Northrim BanCorp's Accounts Receivable increased by $2.0 Mil from Dec. 2022 to Dec. 2023 .

Northrim BanCorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $12.0 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. Northrim BanCorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Northrim BanCorp's liquidation value for the three months ended in Dec. 2023 was $-1,807.3 Mil.

Northrim BanCorp Change In Receivables Historical Data

The historical data trend for Northrim 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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Northrim BanCorp Change In Receivables Chart

Northrim BanCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.31

-3.47

1.13

-3.09

-2.02

Northrim BanCorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.44	-0.94	0.35	-2.67	1.24

Northrim 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 $-2.0 Mil.

Northrim BanCorp (NAS:NRIM) 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.

Northrim 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
=	11.958	/	33.217	*	91
=	32.85

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

Northrim 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)
=	756.466	-	2572.779	+	0.75 * 11.958	+	0.5 * 0
=	-1,807.3

Northrim BanCorp Change In Receivables Related Terms

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Northrim BanCorp (Northrim BanCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northrim BanCorp Inc (NAS:NRIM) » Definitions » Change In Receivables

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Traded in Other Exchanges

NRI:Germany

Address

3111 C Street, Anchorage, AK, USA, 99503

Website

https://www.northrim.com

Northrim BanCorp Inc is a bank holding company. The company operates in two segments: Community Banking and Home Mortgage Lending. It generates maximum revenue from the Community Banking segment. It offers to spend and save products such as checking, savings, money market accounts, debit cards, cashback rewards, and credit cards. It also includes loans and credit lines, mortgage loans, investment, and plan products.

Executives

Linda C Thomas	director	P.O. BOX 20905, JUNEAU AK 99802
Murphy Krystal Nelson	director	3111 C STREET, ANCHORAGE AK 99503
Marilyn Romano	director	3111 C STREET, ANCHORAGE AK 99503
Aaron Michael Schutt	director	3111 C STREET, ANCHORAGE AK 99503
Joseph Marushack	director	3111 C STREET, ANCHORAGE AK 99503
David G Wight	director	3111 C STREET, ANCHORAGE AK 99503
John C Swalling	director	NORTHRIM BANCORP INC, PO BOX 241489, ANCHORAGE AK 99524-1489
David W Karp	director	4731 BLUE HERON CIRCLE, ANCHORAGE AK 99507
David J Mccambridge	director	3111 C STREET, ANCHORAGE AK 99503
Joseph M Schierhorn	officer: EVP, CFO	NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Jed W Ballard	officer: EVP, CFO	3111 C STREET, ANCHORAGE AK 99503
Larry S Cash	director	NORTHRIM BANCORPINC, PO BOX 241489, ANCHORAGE AK 99524-1489
Karl L Hanneman	director	506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
Anthony Drabek	director	NORTHRIM BANCORP, INC., P.O. BOX 241489, ANCHORAGE AL 99524-1489
Michael A Martin	officer: EVP, Gen Counsel & Corp Sec	3111 C STREET, ANCHORAGE AK 99503