Folsom Lake Bank Ca (Folsom Lake Bank Ca) Accounts Receivable : $0.00 Mil (As of Sep. 2007)

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What is Folsom Lake Bank Ca Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Folsom Lake Bank Ca's accounts receivables for the quarter that ended in Sep. 2007 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Folsom Lake Bank Ca's Days Sales Outstanding for the quarter that ended in Sep. 2007 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Folsom Lake Bank Ca's Net-Net Working Capital per share for the quarter that ended in Sep. 2007 was $-0.62.

Folsom Lake Bank Ca Accounts Receivable Historical Data

The historical data trend for Folsom Lake Bank Ca's Accounts Receivable 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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Folsom Lake Bank Ca Accounts Receivable Chart

Folsom Lake Bank Ca Annual Data

Trend

Accounts Receivable

Folsom Lake Bank Ca Quarterly Data
	Jun07	Sep07
Accounts Receivable	-	-

Folsom Lake Bank Ca Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Folsom Lake Bank Ca Accounts Receivable 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 receivables are being managed.

Folsom Lake Bank Ca's Days Sales Outstanding for the quarter that ended in Sep. 2007 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.445	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Folsom Lake Bank Ca's accounts receivable are only considered to be worth 75% of book value:

Folsom Lake Bank Ca's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2007 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.459	+	0.75 * 0	+	0.5 * 0	-	10.298
-	0	-	0)	/	15.900
=	-0.62

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Folsom Lake Bank Ca Accounts Receivable Related Terms

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Folsom Lake Bank Ca (Folsom Lake Bank Ca) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Folsom Lake Bank Ca (OTCPK:FOLB) » Definitions » Accounts Receivable

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Address

Website

http://www.folsomlakebank.com

Folsom Lake Bank opened its doors for the first time on April 3, 2007. Folsom Lake Bank is a full service commercial bank offering a complete range of services to consumers and businesses. The bank focuses on small business clients, professionals and individuals in the communities surrounding Folsom Lake. The bank has a full service ATM located in the courtyard along with a merchant depository for after hours deposits. Folsom Lake Bank also offers online banking and bill pay completely free of charge. Because the bank is new, it utilizes the most current products and the latest technology.

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