Finward Bancorp (Finward Bancorp) Change In Receivables : $2.86 Mil (TTM As of Mar. 2024)

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What is Finward Bancorp Change In Receivables?

Finward Bancorp's change in receivables for the quarter that ended in Mar. 2024 was $0.46 Mil. It means Finward Bancorp's Accounts Receivable declined by $0.46 Mil from Dec. 2023 to Mar. 2024 .

Finward Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $2.11 Mil. It means Finward Bancorp's Accounts Receivable declined by $2.11 Mil from Dec. 2022 to Dec. 2023 .

Finward Bancorp's Accounts Receivable for the quarter that ended in Mar. 2024 was $7.58 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. Finward Bancorp's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Finward Bancorp's liquidation value for the three months ended in Mar. 2024 was $-1,497.11 Mil.

Finward Bancorp Change In Receivables Historical Data

The historical data trend for Finward Bancorp'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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Finward Bancorp Change In Receivables Chart

Finward Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.40

-0.68

-0.73

-0.14

2.11

Finward Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.30	-	-0.15	2.55	0.46

Finward Bancorp 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 $2.86 Mil.

Finward Bancorp (NAS:FNWD) 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.

Finward 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
=	7.583	/	25.255	*	91
=	27.40

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

Finward Bancorp'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)
=	417.406	-	1920.201	+	0.75 * 7.583	+	0.5 * 0
=	-1,497.11

Finward Bancorp Change In Receivables Related Terms

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Finward Bancorp (Finward Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finward Bancorp (NAS:FNWD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

9204 Columbia Avenue, Munster, IN, USA, 46321

Website

https://www.ibankpeoples.com

Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is primarily engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out through the United States.

Executives

David A Bochnowski	director, 10 percent owner, officer: Chief Executive Officer	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Peymon Torabi	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert T Lowry	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Amy Wong Han	director	1008 KILLARNEY DRIVE, DYER IN 46321
Benjamin J Bochnowski	officer: EVP	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert W. Youman	director	129 THATCHER AVE., RIVER FOREST IL 60305
James L Wieser	director	13304 LAKESHORE DRIVE, UNIT 202, CEDAR LAKE IN 46303
Johnson Robert E. Iii	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Todd M. Scheub	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Leane English Cerven	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Danette Garza	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Jillonda Washington	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Kleek Joshua Van	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Tanya A. Leetz	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Donald P Fesko	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321