University Bancorp (University Bancorp) Change In Receivables : $0.00 Mil (TTM As of Dec. 2022)

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What is University Bancorp Change In Receivables?

University Bancorp's change in receivables for the quarter that ended in Dec. 2022 was $0.00 Mil. It means University Bancorp's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

University Bancorp's change in receivables for the fiscal year that ended in Dec. 2022 was $0.00 Mil. It means University Bancorp's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

University Bancorp's Accounts Receivable for the quarter that ended in Dec. 2022 was $10.39 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. University Bancorp's Days Sales Outstanding for the six months ended in Dec. 2022 was 21.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. University Bancorp's liquidation value for the six months ended in Dec. 2022 was $-612.78 Mil.

University Bancorp Change In Receivables Historical Data

The historical data trend for University 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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University Bancorp Change In Receivables Chart

University Bancorp Annual Data

Trend

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Change In Receivables

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University Bancorp Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

University 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was $0.00 Mil.

University Bancorp (OTCPK:UNIB) 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.

University Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.394	/	86.423	*	91
=	21.95

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

University Bancorp's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	85.735	-	706.314	+	0.75 * 10.394	+	0.5 * 0
=	-612.78

University Bancorp Change In Receivables Related Terms

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University Bancorp (University Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » University Bancorp Inc (OTCPK:UNIB) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104

Website

https://www.university-bank.com

University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).

Executives

Nicholas K Fortson	officer: CFO	959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp	other: Affiliate of majority owner	3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini	director, 10 percent owner	959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini	director, 10 percent owner, officer: President & CEO	959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini	10 percent owner	43 SWEETWATER, BELLE MEAD NJ 08502