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Quaint Oak Bancorp (Quaint Oak Bancorp) Change In Receivables : $-0.04 Mil (TTM As of Dec. 2023)


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What is Quaint Oak Bancorp Change In Receivables?

Quaint Oak Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-0.18 Mil. It means Quaint Oak Bancorp's Accounts Receivable increased by $0.18 Mil from Sep. 2023 to Dec. 2023 .

Quaint Oak Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.04 Mil. It means Quaint Oak Bancorp's Accounts Receivable increased by $0.04 Mil from Dec. 2022 to Dec. 2023 .

Quaint Oak Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.50 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. Quaint Oak Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quaint Oak Bancorp's liquidation value for the three months ended in Dec. 2023 was $-633.55 Mil.

Quaint Oak Bancorp Change In Receivables Historical Data

The historical data trend for Quaint Oak 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.

Quaint Oak Bancorp Change In Receivables Chart

Quaint Oak 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 -0.20 -1.71 -0.09 -0.32 -0.04

Quaint Oak 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 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 0.20 -0.08 0.41 -0.19 -0.18

Quaint Oak 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 $-0.04 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.

Quaint Oak Bancorp  (OTCPK:QNTO) 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.

Quaint Oak 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
=3.502/9.606*91
=33.27

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

Quaint Oak 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)
=66.38-702.553+0.75 * 3.502+0.5 * 0
=-633.55

* 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.

Quaint Oak Bancorp Change In Receivables Related Terms

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Quaint Oak Bancorp (Quaint Oak Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Quaint Oak Bancorp Inc (OTCPK:QNTO) » Definitions » Change In Receivables
Comparable Companies
CNAF VWFB CIBH WDFN OTTW CMUV MSVB GOVB FBPA LUMB NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
501 Knowles Avenue, Southampton, PA, USA, 18966
Website
https://www.quaintoak.com
Quaint Oak Bancorp Inc is a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Quaint Oak Bancorp Inc, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank has many subsidiary companies these subsidiary companies conduct business from numerous locations within the Bank's market area. The Bank holds a majority equity position in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Executives
James J Clarke director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Susan M. Vettori director QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Dipiero Andrew E Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
John J Augustine director, officer: Chief Financial Officer QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Diane J Colyer officer: SVP and Corporate Secretary QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
William R Gonzalez officer: Senior Vice President* QUAINT OAK BANCORP, INC., 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert T Strong director, officer: President and CEO QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Aimee K Ott officer: Vice President* 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert Farrer officer: VP Risk and Compliance* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Robert J Phillips director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Kenneth R Gant director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Marsh B Spink director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Ager George M Jr director QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966
Curt T Schulmeister officer: Chief Lending Officer* QUAINT OAK BANK, 501 KNOWLES AVENUE, SOUTHAMPTON PA 18966