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SB Financial Group (SB Financial Group) Accounts Receivable : $4.66 Mil (As of Dec. 2023)


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What is SB Financial Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SB Financial Group's accounts receivables for the quarter that ended in Dec. 2023 was $4.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SB Financial Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 28.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SB Financial Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-144.53.


SB Financial Group Accounts Receivable Historical Data

The historical data trend for SB Financial Group'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.

SB Financial Group Accounts Receivable Chart

SB Financial Group 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 3.11 3.80 2.92 4.09 4.66

SB Financial Group 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 3.93 4.08 4.46 4.66 4.58

SB Financial Group Accounts Receivable Calculation

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


SB Financial Group 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.

SB Financial Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.657/15.115*91
=28.11

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

SB Financial Group'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)
=(244.208+0.75 * 4.657+0.5 * 0-1218.907
-0-0)/6.71968
=-144.53

* 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.


SB Financial Group Accounts Receivable Related Terms

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SB Financial Group (SB Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
401 Clinton Street, P.O. Box 467, Defiance, OH, USA, 43512
SB Financial Group Inc operates as a Holding Company of State Bank and RDSI/DCM. Its activities involve commercial banking, trust, and financial services. It offers a full-range of financial services for consumers and small businesses, including trust services, mortgage banking, wealth management services, commercial and agricultural lending. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit. It earns revenue in the form of interest income.
Executives
Timothy J. Stolly director 700 BLUFF OAK TRAIL, LIMA OH 45807
Timothy L. Claxton director 327 BAROUCHE PL., FORT WAYNE IN 46845
Mark A Klein officer: CHAIRMAN, PRESIDENT & CEO 225 KETTENRING DRIVE, DEFIANCE OH 43512
William G Martin director 136 DEERFIELD CIRCLE, BRYAN OH 43506
Richard L Hardgrove director 1959 MARBLE CLIFF CROSSING CT., COLUMBUS OH 43204
Steven A. Walz officer: EVP OF SUBSIDIARY 324 NORTHWOOD DR., DEFIANCE OH 43512
George W Carter director 15316 RD 168, PO BOX 322, PAULDING OH 45879
Anthony Van Cosentino officer: EVP OF SUBSIDIARY 1600 BRIDGEWOOD COURT, DEFIANCE OH 43512
David A. Homoelle officer: REGIONAL PRESIDENT OF SUBSIDIA 903 GATEHOUSE LANE, COLUMBUS OH 43235
Keeta Jane Diller officer: EVP OF SUBSIDIARY 13801 FRUIT RIDGE ROAD, DEFIANCE OH 43512
Gaytan Garcia Juan Ernesto officer: EVP OF SUBSIDIARY 2103 SOUTH BROOKHILL LANE, CANTON MI 48188
Rita A Kissner director 135 BIEDE PLACE, DEFIANCE OH 43512
Tom R Helberg director 30600 N. PIMA RD., UNIT 50, SCOTTSDALE AZ 85266
Jonathan R. Gathman other: EVP OF SUBSIDIARY 703 BURNING TREE DRIVE, DEFIANCE OH 43512
Fawcett Jr Robert A director 172 EASTOWNE DRIVE, OTTAWA OH 45875