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MainStreet Bancshares (MainStreet Bancshares) Accounts Receivable : $12.39 Mil (As of Dec. 2023)


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What is MainStreet Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MainStreet Bancshares's accounts receivables for the quarter that ended in Dec. 2023 was $12.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MainStreet Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 63.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MainStreet Bancshares's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-228.28.


MainStreet Bancshares Accounts Receivable Historical Data

The historical data trend for MainStreet Bancshares'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.

MainStreet Bancshares Accounts Receivable Chart

MainStreet Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 9.60 7.70 9.58 12.39

MainStreet Bancshares 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 9.74 10.26 11.18 12.39 10.73

MainStreet Bancshares Accounts Receivable Calculation

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


MainStreet Bancshares 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.

MainStreet Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.39/17.868*91
=63.27

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

MainStreet Bancshares's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(113.509+0.75 * 12.39+0.5 * 0-1813.915
-27.263-0)/7.52742
=-228.28

* 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.


MainStreet Bancshares Accounts Receivable Related Terms

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MainStreet Bancshares (MainStreet Bancshares) Business Description

Traded in Other Exchanges
Address
10089 Fairfax Boulevard, Fairfax, VA, USA, 22030
MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.
Executives
Jeff W Dick director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Russell Echlov director 500 E WASHINGTON ST, GREENVILLE SC 29601
Thomas J Chmelik director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Richard Alexander Vari officer: Chief Accounting Officer 10089, FAIRFAX VA 22030
Charles C. Brockett director, officer: President 8245 BOONE BOULEVARD, TYSONS CORNER VA 22182
Rafael E Deleon director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Abdulhamid Hersiburane officer: President 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Patsy I Rust director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Terry M Saeger director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Elizabeth S Bennett director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Darrell Green director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Paul Thomas Haddock director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030