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American Business Bank (American Business Bank) Accounts Receivable : $32.4 Mil (As of Dec. 2023)


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What is American Business Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Business Bank's accounts receivables for the quarter that ended in Dec. 2023 was $32.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Business Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 89.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Business Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-321.84.


American Business Bank Accounts Receivable Historical Data

The historical data trend for American Business Bank'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.

American Business Bank Accounts Receivable Chart

American Business Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 30.66 28.96 29.57 32.40

American Business Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.57 - - - 32.40

American Business Bank Accounts Receivable Calculation

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


American Business Bank 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.

American Business Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=32.398/32.885*91
=89.90

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

American Business Bank'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)
=(654.36+0.75 * 32.398+0.5 * 0-3588.67
-0-0)/9.04191
=-321.84

* 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.


American Business Bank Accounts Receivable Related Terms

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American Business Bank (American Business Bank) Business Description

Traded in Other Exchanges
N/A
Address
400 South Hope Street, Suite 300, Los Angeles, CA, USA, 90071
American Business Bank provides financial services to businesses in the middle market. It offers deposit, credit, consulting and referral, personal banking, and international banking services. The Bank's revenues are derived principally from interest on loans and investments, and other fees.