New Peoples Bankshares (New Peoples Bankshares) Change In Receivables : $-0.47 Mil (TTM As of Dec. 2023)

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What is New Peoples Bankshares Change In Receivables?

New Peoples Bankshares's change in receivables for the quarter that ended in Dec. 2023 was $-0.28 Mil. It means New Peoples Bankshares's Accounts Receivable increased by $0.28 Mil from Sep. 2023 to Dec. 2023 .

New Peoples Bankshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.47 Mil. It means New Peoples Bankshares's Accounts Receivable increased by $0.47 Mil from Dec. 2022 to Dec. 2023 .

New Peoples Bankshares's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.03 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. New Peoples Bankshares's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Peoples Bankshares's liquidation value for the three months ended in Dec. 2023 was $-604.47 Mil.

New Peoples Bankshares Change In Receivables Historical Data

The historical data trend for New Peoples Bankshares'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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New Peoples Bankshares Change In Receivables Chart

New Peoples Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.18

-0.28

0.28

-0.44

-0.47

New Peoples Bankshares 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															-0.38	0.14	-0.07	-0.27	-0.28

New Peoples Bankshares 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 $-0.47 Mil.

New Peoples Bankshares (OTCPK:NWPP) 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.

New Peoples Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.029	/	9.515	*	91
=	29.05

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

New Peoples Bankshares'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)
=	154.764	-	761.502	+	0.75 * 3.029	+	0.5 * 0
=	-604.47

New Peoples Bankshares Change In Receivables Related Terms

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New Peoples Bankshares (New Peoples Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Peoples Bankshares Inc (OTCPK:NWPP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Commerce Drive, Honaker, VA, USA, 24260

Website

https://www.newpeoples.bank

New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.

Executives

Harold L Keene	director	P. O. BOX 1320, HONAKER VA 24260
B Scott White	director	RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long	other: Director-Subsidiary Bank	300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox	director	13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar	officer: EVP & Chief Financial Officer	599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury	officer: Senior V.P. & C.F.O.
Kiser W James	officer: EVP/Chief Banking Officer	67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks	officer: EVP/CFO	104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan	director	2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess	director	PO BOX 5064, PRINCETON WV 24740
Beard John W Jr	officer: EVP & Chief Credit Officer	NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington	officer: SVP & Chief Financial Officer	5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer	officer: EVP & Chief Credit Officer	67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati	10 percent owner	PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr	director	P. O. BOX 330, HONAKER VA 24260

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