Westamerica Bancorp (Westamerica Bancorp) Change In Receivables : $-1.0 Mil (TTM As of Dec. 2023)

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What is Westamerica Bancorp Change In Receivables?

Westamerica Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $1.0 Mil. It means Westamerica Bancorp's Accounts Receivable declined by $1.0 Mil from Sep. 2023 to Dec. 2023 .

Westamerica Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.0 Mil. It means Westamerica Bancorp's Accounts Receivable increased by $1.0 Mil from Dec. 2022 to Dec. 2023 .

Westamerica Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $54.6 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. Westamerica Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Westamerica Bancorp's liquidation value for the three months ended in Dec. 2023 was $-1,360.7 Mil.

Westamerica Bancorp Change In Receivables Historical Data

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

Westamerica Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.96

-4.23

-2.50

-18.04

-1.01

Westamerica Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.12	-0.10	-1.82	1.03	-

Westamerica 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 $-1.0 Mil.

Westamerica Bancorp (NAS:WABC) 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.

Westamerica 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
=	54.568	/	80.365	*	91
=	61.96

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

Westamerica 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)
=	4190.115	-	5591.698	+	0.75 * 54.568	+	0.5 * 0
=	-1,360.7

Westamerica Bancorp Change In Receivables Related Terms

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Westamerica Bancorp (Westamerica Bancorp) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

WB1:Germany

Address

1108 Fifth Avenue, San Rafael, CA, USA, 94901

Website

https://www.westamerica.com

Westamerica Bancorp is based in San Rafael, California. Westamerica Bancorporation runs a regional community bank and has approximately $7.5 billion in assets. The bank's net revenue is generated by net interest income. Deposit service charges make up the noninterest income sources. The bank focuses mostly on commercial clients, such as smaller businesses. Its footprint encompasses central and northern California, extending north of San Francisco to Mendocino and Lake counties, south to Kern County in central California, and all the way east to Nevada County.

Executives

Alisa Jane Belew	director	4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Curtis Belton	officer: Vice President/General Auditor	4550 MANGELS BLVD, A-2Y, FAIRFIELD CA 94585-1200
Melanie Martella Chiesa	director	4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
Michele R. Hassid	director	4550 MANGELS BLVD A 2M, FAIRFIELD CA 94534
Inez Wondeh	director	4550 MANGELS BLVD A-2M, FAIRFIELD CA 94534
George S Ensinger	officer: SVP/Human Resources Div. Mgr	4550 MANGELS BLVD, A-1R, FAIRFIELD CA 94585-1200
Mac Millan Catherine C	director
Edward B Sylvester	director
Jesse Leavitt	officer: CFO	4550 MANGELS BLVD A-2B, FAIRIFELD CA 94534
John A Thorson	officer: SVP & Treasurer
Brian J Donohoe	officer: Operations and Systems Mgr	4550 MANGELS BLVD, B-2A, FAIRFIELD CA 94585-1200
Russell W Rizzardi	officer: SVP/Chief Credit Administrator	4550 MANGELS BLVD., FAIRFIELD CA 94534
Dennis R Hansen	officer: SVP & Controller
James J Schneck	officer: General Auditor
David L Robinson	officer: VP/Banking Division Manager	4550 MANGELS BLVD, FAIRFIELD CA 94534