CenterState Bank (CenterState Bank) Change In Receivables : $29.8 Mil (TTM As of Mar. 2020)

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What is CenterState Bank Change In Receivables?

CenterState Bank's change in receivables for the quarter that ended in Mar. 2020 was $10.2 Mil. It means CenterState Bank's Accounts Receivable declined by $10.2 Mil from Dec. 2019 to Mar. 2020 .

CenterState Bank's change in receivables for the fiscal year that ended in Dec. 2019 was $31.0 Mil. It means CenterState Bank's Accounts Receivable declined by $31.0 Mil from Dec. 2018 to Dec. 2019 .

CenterState Bank's Accounts Receivable for the quarter that ended in Mar. 2020 was $43.4 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. CenterState Bank's Days Sales Outstanding for the three months ended in Mar. 2020 was 19.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CenterState Bank's liquidation value for the three months ended in Mar. 2020 was $-12,869.6 Mil.

CenterState Bank Change In Receivables Historical Data

The historical data trend for CenterState Bank'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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CenterState Bank Change In Receivables Chart

CenterState Bank Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Change In Receivables

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2.45

-3.59

-48.15

61.58

31.03

CenterState Bank Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Change In Receivables	Get a 7-Day Free Trial															11.46	12.45	-2.33	9.44	10.21

CenterState Bank 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.8 Mil.

CenterState Bank (NAS:CSFL) 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.

CenterState Bank's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.382	/	207.552	*	91
=	19.07

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

CenterState Bank's liquidation value for the quarter that ended in Mar. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2823.881	-	15726.04	+	0.75 * 43.382	+	0.5 * 0
=	-12,869.6

CenterState Bank Change In Receivables Related Terms

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CenterState Bank (CenterState Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CenterState Bank Corp (NAS:CSFL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880

Website

http://www.centerstatebank.com

CenterState Bank Corp is a bank holding company, which through its subsidiaries, provides a range of consumer and commercial banking services to individuals, businesses, and industries. It offers personal and commercial banking, real estate loans, and investment services, as well as offers deposits, debit and credit cards, and online banking services. The firm derives its revenue through interest earned and gain on sales of loans, investment securities, and other financial instruments, as well as from service charges on deposits, treasury management fees, wealth advisory fees, fixed income sales, and correspondent bank fees.

Executives

Thomas E Oakley	director
David G Salyers	director	1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Beth S Desimone	officer: CRO, General Counsel	1017 E. MOREHEAD STREET, SUITE 200, CHARLOTTE NC 28204
Daniel E Bockhorst	officer: Chief Credit Officer	42745 U.S. HIGHWAY 27, DAVENPORT FL 33837
John C Corbett	director, officer: President and CEO	1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Matthews William E V	officer: Chief Financial Officer
Richard Iv Murray	director, officer: Bank CEO	PO BOX 10686, BIRMINGHAM AL 35202
Holcomb John H Iii	director	56 COUNTRY CLUB BLVD, BIRMINGHAM AL 35213
Page G Ruffner Jr	director
Ernest S Pinner	director
Stephen Dean Young	officer: Chief Operating Officer	42745 U.S. HIGWAY 27, DAVENPORT FL 33837
Joshua A Snively	director	42745 U.S. HIGHWAY 27, DAVENPORT FL 33837
Pou William K Jr	director	42745 U.S. HIGHWAY 27, DAVENPORT FL 33837
Charles W Mcpherson	director	42745 U.S. HIGHWAY 27, DAVENPORT FL 33837
James J Antal	other: Former CFO