Bancorp 34 (Bancorp 34) Change In Receivables : $0.21 Mil (TTM As of Mar. 2024)

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What is Bancorp 34 Change In Receivables?

Bancorp 34's change in receivables for the quarter that ended in Mar. 2024 was $0.21 Mil. It means Bancorp 34's Accounts Receivable declined by $0.21 Mil from Dec. 2023 to Mar. 2024 .

Bancorp 34's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.09 Mil. It means Bancorp 34's Accounts Receivable increased by $0.09 Mil from Dec. 2022 to Dec. 2023 .

Bancorp 34's Accounts Receivable for the quarter that ended in Mar. 2024 was $2.96 Mil.

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 Receivable are being managed. Bancorp 34's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bancorp 34's liquidation value for the three months ended in Mar. 2024 was $-727.30 Mil.

Bancorp 34 Change In Receivables Historical Data

The historical data trend for Bancorp 34's Change In Receivables 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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Bancorp 34 Change In Receivables Chart

Bancorp 34 Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.09

-0.70

0.30

-0.15

-0.09

Bancorp 34 Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	0.06	-	-	0.21

Bancorp 34 Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.21 Mil.

Bancorp 34 (OTCPK:BCTF) Change In Receivables 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 Receivable are being managed.

Bancorp 34's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.961	/	3.395	*	91
=	79.59

2. In Ben Graham's calculation of liquidation value, Bancorp 34's accounts receivable are only considered to be worth 75% of book value:

Bancorp 34's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	168.46	-	897.98	+	0.75 * 2.961	+	0.5 * 0
=	-727.30

Bancorp 34 Change In Receivables Related Terms

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Bancorp 34 (Bancorp 34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bancorp 34 Inc (OTCPK:BCTF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 East 10th Street, Suite 100, Alamogordo, NM, USA, 88310

Website

https://www.bank34.com

Bancorp 34 Inc provides a variety of banking services to individuals and businesses through its branches. Its products and services are demand deposits, certificates of deposits, savings and money market accounts, commercial loans, real estate mortgage loans and credit and merchant cards and e-banking. The bank operates banking centers in Alamogordo, Las Cruces, New Mexico, Scottsdale, Arizona, and Peoria.

Executives

James Crotty	officer: Co-President and CEO	500 EAST 10TH STREET, SUITE 100, ALAMOGORDO NM 88310
Elaine E. Ralls	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Van Winkle Don P.	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Wortham A. Cook	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
James D. Harris	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Randal L. Rabon	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310
William P. Kauper	officer: President/Dir Corp Development	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jan R Thiry	officer: President and CEO	500 EAST 10TH STREET, ALAMOGORDO NM 88310
Jill Gutierrez	director, officer: CEO	500 EAST 10TH STREET, ALAMOGORDO NM 88310
William F. Burt	director	500 EAST 10TH STREET, ALAMOGORDO NM 88310