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Premier Financial Bancorp (Premier Financial Bancorp) Change In Receivables : $-0.01 Mil (TTM As of Jun. 2021)


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What is Premier Financial Bancorp Change In Receivables?

Premier Financial Bancorp's change in receivables for the quarter that ended in Jun. 2021 was $0.18 Mil. It means Premier Financial Bancorp's Accounts Receivable declined by $0.18 Mil from Mar. 2021 to Jun. 2021 .

Premier Financial Bancorp's change in receivables for the fiscal year that ended in Dec. 2020 was $-1.29 Mil. It means Premier Financial Bancorp's Accounts Receivable increased by $1.29 Mil from Dec. 2019 to Dec. 2020 .

Premier Financial Bancorp's Accounts Receivable for the quarter that ended in Jun. 2021 was $6.01 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. Premier Financial Bancorp's Days Sales Outstanding for the three months ended in Jun. 2021 was 28.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Premier Financial Bancorp's liquidation value for the three months ended in Jun. 2021 was $-1,104.63 Mil.

Premier Financial Bancorp Change In Receivables Historical Data

The historical data trend for Premier Financial 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.

Premier Financial Bancorp Change In Receivables Chart

Premier Financial Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.18 0.30 -0.06 -1.29

Premier Financial Bancorp Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -0.81 -0.67 0.67 -0.20 0.18

Premier Financial 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.

Premier Financial Bancorp  (NAS:PFBI) 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.

Premier Financial Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.011/19.068*91
=28.77

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

Premier Financial Bancorp's liquidation value for the quarter that ended in Jun. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=721.573-1830.714+0.75 * 6.011+0.5 * 0
=-1,104.63

* 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.

Premier Financial Bancorp Change In Receivables Related Terms

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Premier Financial Bancorp (Premier Financial Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Premier Financial Bancorp Inc (NAS:PFBI) » Definitions » Change In Receivables
Comparable Companies
FDBC NKSH FNBT FSBW GCBC LCNB CVCY AUBN ATLO CSHX SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB SHSE:601166 TFC PNC SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
2883 Fifth Avenue, Huntington, WV, USA, 25702
Website
https://www.premierbankinc.com
Premier Financial Bancorp Inc is a multi-bank holding company. It focuses on providing community banking services to individuals and small-to-medium sized businesses. It offers a range of retail and commercial banking services, including commercial, real estate, agricultural and consumer lending; depository and funds transfer services; collections; safe deposit boxes; cash management services; and other services for both individuals and businesses. The banks' range of deposit services includes checking accounts, NOW accounts, savings accounts, money market accounts, club accounts, individual retirement accounts, certificates of deposit and overdraft protection. All the business activity is primarily functioned through the Unites States.
Executives
Douglas V Reynolds director 900 OLD FREEPORT ROAD, PITTSBURGH PA 15238
Robert W Walker director, officer: Chief Executive Officer 336 WOODLOMOND WAY HUNTINGTON WV 25705
Brien M Chase officer: Chief Financial Officer ONE JOHNSTONE ROAD SOUTH CHARLESTON WV 25309
Scot A. Kelley officer: VP Credit Adminstration 2883 5TH AVENUE HUNTINGTON WV 25702
Katrina Whitt officer: VP Human Resources 2883 5TH AVENUE HUNTINGTON WV 25702
Michael Ray Mineer officer: Senior Vice President 10 SECOND STREET VANCEBURG KY 41179
Jonathan Mark Bias officer: Senior Vice President 2883 5TH AVENUE HUNTINGTON WV 25702
Neal Scaggs director 302 CENTRAL AVENUE, LOGAN WV 25601
Thomas W Wright director PO BOX 716 ASHLAND KY 41105-0716
Philip E Cline director P O BOX 119 HUNTINGTON WV 25706-0119
Harry Maxwell Hatfield director P.O. BOX 598 MADISON WV 25130
Jackson Lloyd George Ii director 24 SECOND STREET HAMLIN WV 25523
Marshall T Reynolds director, officer: Chairman of the Board 2450 FIRST AVENUE, HUNTINGTON WV 25704
Toney K Adkins director ROUTE 1 BOX 622 GENOA WV 25517
Dennis J Klingensmith officer: Senior Vice President 28 MEADE STREET BUCKHANNON WV 26201