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HBT Financial (HBT Financial) Accounts Receivable : $23.1 Mil (As of Mar. 2024)


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What is HBT Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HBT Financial's accounts receivables for the quarter that ended in Mar. 2024 was $23.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HBT Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HBT Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-113.77.


HBT Financial Accounts Receivable Historical Data

The historical data trend for HBT Financial'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.

* Premium members only.

HBT Financial Accounts Receivable Chart

HBT Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 13.95 14.26 14.90 19.51 24.53

HBT Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 20.30 19.90 23.45 24.53 23.12

HBT Financial Accounts Receivable Calculation

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


HBT Financial 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.

HBT Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.117/51.862*91
=40.67

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

HBT Financial's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(929.747+0.75 * 23.117+0.5 * 0-4543.829
-0-0)/31.6129
=-113.77

* 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.


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.


HBT Financial Accounts Receivable Related Terms

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HBT Financial (HBT Financial) Business Description

Traded in Other Exchanges
N/A
Address
401 North Hershey Road, Bloomington, IL, USA, 61704
HBT Financial Inc provides a comprehensive suite of business, commercial, wealth management and retail banking products and services to individuals, businesses, and municipal entities throughout Central and Northeastern Illinois and Eastern Iowa. It operates through one reportable segment: community banking.
Executives
Patrick F Busch director, officer: EVP & Chief Lending Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Roger A Baker director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Eric E Burwell director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Linda J. Koch director 401 NORTH HERSHEY ROAD, BLOOMINGTON IL 61704
Peter Robert Chapman officer: EXECUTIVE VICE PRESIDENT C/O GREAT WESTERN BANCORP, INC., 100 NORTH PHILLIPS AVE., SIOUX FALLS SD 57104
Fred L Drake director, 10 percent owner, officer: Chief Executive Officer 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Diane H Lanier officer: EVP and Chief Retail Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Gerald E Pfeiffer director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
James Lance Carter director, officer: See Remarks 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Andrea E Zurkamer officer: SVP & Chief Risk Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
C. Alvin Bowman director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Dale S Strassheim director 401 N. HERSHEY ROAD, BLOOMINGTON IL 61702
Matthew J Doherty officer: EVP & Chief Financial Officer 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Lawrence J Horvath officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702
Larry J Kallembach officer: See Remarks 401 N. HERSEY ROAD, BLOOMINGTON IL 61702