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Rhinebeck Bancorp (Rhinebeck Bancorp) Accounts Receivable : $4.61 Mil (As of Mar. 2024)


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What is Rhinebeck Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rhinebeck Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $4.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rhinebeck Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rhinebeck Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-88.78.


Rhinebeck Bancorp Accounts Receivable Historical Data

The historical data trend for Rhinebeck 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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Rhinebeck Bancorp Accounts Receivable Chart

Rhinebeck Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 2.90 3.82 3.37 4.26 4.62

Rhinebeck Bancorp 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 3.00 3.02 3.46 4.62 4.61

Rhinebeck Bancorp Accounts Receivable Calculation

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


Rhinebeck 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.611/10.42*91
=40.38

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

Rhinebeck Bancorp'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)
=(198.019+0.75 * 4.611+0.5 * 0-1184.512
-0-0)/11.0726
=-88.78

* 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.


Rhinebeck Bancorp Accounts Receivable Related Terms

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Rhinebeck Bancorp (Rhinebeck Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 Jefferson Plaza, Poughkeepsie, NY, USA, 12601
Rhinebeck Bancorp Inc is the holding company for Rhinebeck Bank which provides a full range of banking and financial services to consumer and commercial customers. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management (RAM). The Bank's primary business activity is accepting deposits from the general public and using those funds to originate indirect automobile loans (automobile loans referred by automobile dealerships), commercial real estate loans (which include multi-family real estate loans and commercial construction loans), commercial business loans and one- to four-family residential real estate loans, and to purchase investment securities.
Executives
Jamie J. Bloom officer: Chief Operating Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Louis Jr. Tumolo director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mark D. Malone officer: Chief Retail Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Quinn director, officer: President & CEO 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Karen E. Morgan-d'amelio officer: CRO, Gen. Cnsl and Corp Sec. 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Philip J Bronzi officer: Chief Lending Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Michael J. Mcdermott officer: Chief Financial Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Mccardle James T. Iii officer: Chief Credit Officer 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Francis X. Dwyer officer: President of Subsidiary 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Timmian Massie officer: Chief Mktg/Pub Aff Ofc 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Steven E Howell director 12 MAIN STREET, WALDEN NY 12586
William C. Irwin director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Christopher W. Chestney director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Freddimir Garcia director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601
Shannon Martin Lafrance director 2 JEFFERSON PLAZA, POUGHKEEPSIE NY 12601