Oconee Financial (Oconee Financial) Accounts Receivable : $0.00 Mil (As of Mar. 2024)

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What is Oconee Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oconee Financial's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oconee Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. Oconee Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-326.18.

Oconee Financial Accounts Receivable Historical Data

The historical data trend for Oconee 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.

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Oconee Financial Accounts Receivable Chart

Oconee Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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7.24

11.13

15.16

1.58

2.47

Oconee 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															-	-	-	2.47	-

Oconee Financial Accounts Receivable Calculation

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

Oconee 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.

Oconee 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
=	0	/	6.645	*	91
=	0.00

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

Oconee 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)
=	(202.06	+	0.75 * 0	+	0.5 * 0	-	543.23
-	0	-	0)	/	1.04595
=	-326.18

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.

Oconee Financial Accounts Receivable Related Terms

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Oconee Financial (Oconee Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oconee Financial Corp (OTCPK:OSBK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 N. Main Street, Watkinsville, GA, USA, 30677

Website

https://www.oconeestatebank.com

Oconee Financial Corp is a United States-based commercial bank. The bank offers personal and business products and services including checking, savings, CDs, loans, mortgages, credit cards, safe deposit boxes, mobile deposits, business loans, and treasury services.

Executives

G Robert Bishop	director	1741 EXPERIMENT STATION ROAD, WATKINSVILLE GA 30677
B Amrey Harden	director, officer: President and CEO	35 NORTH MAIN STREET, P.O. BOX 205, WATKINSVILLE GA 30677
Hale J Albert Sr	director	P.O.BOX 205, WATKINSVILLE GA 30677
Steven Anthony Rogers	officer: Chief Financial Officer	35 NORTH MAIN STREET, PO BOX 205, WATKINSVILLE GA 30677
Virginia S Wells	director, 10 percent owner	OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677
Ann B. Powers	director	1051 ROSE CREEK DRIVE, WATKINSVILLE GA 30087
Douglas D Dickens	director	1071 RAYS CHURCH RD, BISHOP GA 30621
Henry C Maxey	director	1181 MAXEY ROAD, BISHOP GA 30621
Jimmy L Christopher	director	P.O. BOX 405, WATKINSVILLE GA 30677
Tom F Wilson	officer: Executive Vice President	OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677