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Impac Mortgage Holdings (Impac Mortgage Holdings) Accounts Receivable : $0.92 Mil (As of Dec. 2022)


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What is Impac Mortgage Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Impac Mortgage Holdings's accounts receivables for the quarter that ended in Dec. 2022 was $0.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Impac Mortgage Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 78.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Impac Mortgage Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-1.25.


Impac Mortgage Holdings Accounts Receivable Historical Data

The historical data trend for Impac Mortgage Holdings'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.

* Premium members only.

Impac Mortgage Holdings Accounts Receivable Chart

Impac Mortgage Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.84 14.27 3.19 4.77 0.92

Impac Mortgage Holdings Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 4.77 - - - 0.92

Impac Mortgage Holdings Accounts Receivable Calculation

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


Impac Mortgage Holdings 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.

Impac Mortgage Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.916/1.071*91
=78.04

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

Impac Mortgage Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(25.864+0.75 * 0.916+0.5 * 0-71.934
-0.347-0)/36.5689
=-1.25

* 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.


Impac Mortgage Holdings Accounts Receivable Related Terms

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Impac Mortgage Holdings (Impac Mortgage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4000 MacArthur Boulevard, Suite 6000, Newport Beach, CA, USA, 92660
Impac Mortgage Holdings Inc is an independent residential mortgage lender. The company's segments include Mortgage Lending, Real Estate Services, and the Long-Term Mortgage Portfolio. The mortgage lending segment provides mortgage lending products through three lending channels, retail, wholesale, and correspondent, retains mortgage servicing rights, and provides warehouse lending facilities. Its Real estate services segment performs master servicing and provides loss mitigation services for securitized long-term mortgage portfolios, and Long-term mortgage portfolio consists of residual interests in securitization trusts.
Executives
Rhp Trust, Dated May 31, 2011 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
Richard H/ Pickup 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
George A. Mangiaracina officer: President 19500 JAMBOREE ROAD, IRVINE CA 92612
Tiffany Entsminger officer: Chief Risk Officer,Head of Ops 19500 JAMBOREE ROAD, IRVINE CA 92612
Justin Moisio officer: Chief Administrative Officer 19500 JAMBOREE ROAD, IRVINE CA 92612
Joseph Piscina director 19500 JAMBOREE ROAD, IRVINE CA 92612
Obi Nwokorie director, officer: EVP, CIO and Director 19500 JAMBOREE ROAD, IRVINE CA 92612
Jon Gloeckner other: SVP Treasury 19500 JAMBOREE ROAD, IRVINE CA 92612
Thomas B Akin 10 percent owner 2400 BRIDGEWAY # 200, SUITE 200, SAUSALITO CA 94965
Joseph Joffrion officer: SVP, General Counsel 19500 JAMBOREE ROAD, IRVINE CA 92612
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Nima Vahdat officer: General Counsel 19500 JAMBOREE ROAD, IRVINE CA 92612
Paul Licon other: Principal Accounting Officer 19500 JAMBOREE ROAD, IRVINE CA 92612
Todd M Pickup 10 percent owner 1400 NEWPORT CENTER DRIVE, SUITE 230, NEWPORT BEACH CA 92660
Stewart B. Koenigsberg director 19500 JAMBOREE ROAD, IRVINE CA 92612

Impac Mortgage Holdings (Impac Mortgage Holdings) Headlines

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