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HopFed Bancorp (HopFed Bancorp) Accounts Receivable : $3.67 Mil (As of Mar. 2019)


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What is HopFed Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HopFed Bancorp's accounts receivables for the quarter that ended in Mar. 2019 was $3.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HopFed Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 39.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HopFed Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was $-93.10.


HopFed Bancorp Accounts Receivable Historical Data

The historical data trend for HopFed Bancorp'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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HopFed Bancorp Accounts Receivable Chart

HopFed Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 4.14 3.80 3.59 3.50

HopFed Bancorp Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 3.21 3.25 3.39 3.50 3.67

HopFed Bancorp Accounts Receivable Calculation

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


HopFed Bancorp 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.

HopFed Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.666/8.433*91
=39.67

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

HopFed Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(219.584+0.75 * 3.666+0.5 * 0-841.373
-0-0)/6.64889
=-93.10

* 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.


HopFed Bancorp Accounts Receivable Related Terms

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HopFed Bancorp (HopFed Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4155 Lafayette Road, Hopkinsville, KY, USA, 42240
HopFed Bancorp Inc serves as a savings and loan holding company. It attracts deposits from the general public and invests it in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations, and mortgage-backed securities. The bank originates single-family residential/construction loans and multi-family and commercial real estate loans, as well as loans secured by deposits, other consumer loans, and commercial loans. It generates the majority of its revenue from loan and deposit portfolios.
Executives
Joseph M Solomon director 8 KINCAID CT. BALDWIN MD 21013