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HomeStreet (HomeStreet) Accounts Receivable : $0.0 Mil (As of Dec. 2023)


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What is HomeStreet Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HomeStreet's accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HomeStreet's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. HomeStreet's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-459.25.


HomeStreet Accounts Receivable Historical Data

The historical data trend for HomeStreet'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.

HomeStreet Accounts Receivable Chart

HomeStreet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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HomeStreet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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HomeStreet Accounts Receivable Calculation

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


HomeStreet 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/38.251*91
=0.00

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

HomeStreet's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(215.664+0.75 * 0+0.5 * 0-8854.063
-0-0)/18.81
=-459.25

* 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.


HomeStreet Accounts Receivable Related Terms

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HomeStreet (HomeStreet) Business Description

Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 2000, Seattle, WA, USA, 98101
HomeStreet Inc is a commercial bank. It provides commercial and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.
Executives
Diane P Novak officer: EVP, CHIEF RISK OFFICER 601 UNION ST, SUITE 2000, SEATTLE WA 98101
Sidney Craig Tompkins director 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
John Michel officer: EVP, Chief Financial Officer 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
David L Parr officer: EVP, DIR. OF COMM'L BANKING 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
William Endresen officer: EVP, Comm'l RE (Interim) 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Scott M Boggs director
Erik D Hand officer: EVP, Mortgage Lending Director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Troy Harper officer: EVP & CIO 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Amen Darrell Van officer: SVP, Treasurer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Douglas Irvine Smith director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Joanne R Harrell director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Jay C Iseman officer: EVP - Chief Credit Officer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Sandra A Cavanaugh director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Godfrey B Evans officer: EVP - General Counsel 601 UNION STREET, SUITE 2000, SEATTLE WA 98101