First US Bancshares (First US Bancshares) Change In Receivables : $-0.97 Mil (TTM As of Dec. 2023)

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What is First US Bancshares Change In Receivables?

First US Bancshares's change in receivables for the quarter that ended in Dec. 2023 was $-0.45 Mil. It means First US Bancshares's Accounts Receivable increased by $0.45 Mil from Sep. 2023 to Dec. 2023 .

First US Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.97 Mil. It means First US Bancshares's Accounts Receivable increased by $0.97 Mil from Dec. 2022 to Dec. 2023 .

First US Bancshares's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.98 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. First US Bancshares's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First US Bancshares's liquidation value for the three months ended in Dec. 2023 was $-793.52 Mil.

First US Bancshares Change In Receivables Historical Data

The historical data trend for First US Bancshares'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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First US Bancshares Change In Receivables Chart

First US Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.33

-0.32

0.25

-0.46

-0.97

First US Bancshares 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															-0.32	0.11	-0.25	-0.37	-0.45

First US Bancshares 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 $-0.97 Mil.

First US Bancshares (NAS:FUSB) 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.

First US Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.976	/	10.027	*	91
=	36.18

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

First US Bancshares'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)
=	185.844	-	982.347	+	0.75 * 3.976	+	0.5 * 0
=	-793.52

First US Bancshares Change In Receivables Related Terms

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First US Bancshares (First US Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First US Bancshares Inc (NAS:FUSB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243

Website

https://www.firstusbank.com

First US Bancshares Inc is a bank holding company. The Bank conducts a general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals and other individuals. The Bank has two reportable operating segments namely the Bank and Acceptance Loan Company. The majority of the revenue is generated through interest earned on financial instruments, including loans and investment securities.

Executives

Robert S Briggs	director
James F House	director, officer: President & CEO	P O BOX 249, THOMASVILLE AL 36784
David Peter Hale	director	131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley	officer: VP,CFO,PAO,Treas,Asst Sec	P O BOX 249, THOMASVILLE AL 36784
Marlene M Mccain	director	P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr	director
Anthony Cashio	officer: EVP, Chief Credit Officer-FUSB	P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson	director
Henderson J Samuel Iii	officer: EVP, Bham Market Exec, FUSB	P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook	director	P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller	director	P O BOX 249, THOMASVILLE AL 36784
Donna D Smith	director	P O BOX 249, THOMASVILLE AL 36784
Phillip Wheat	officer: SVP,CIO/Info Sec Off of FUSB	P O BOX 249, THOMASVILLE AL 36784
Strickland Alonzo A J J	director
David L Saylors	officer: SVP, HR Director of FUSB	P O BOX 249, THOMASVILLE AL 36784