AmeriServ Financial (AmeriServ Financial) Accounts Receivable

: $5.53 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AmeriServ Financial's accounts receivables for the quarter that ended in Dec. 2023 was $5.53 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AmeriServ Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 44.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AmeriServ Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-64.35.

AmeriServ Financial Accounts Receivable Historical Data

The historical data trend for AmeriServ Financial'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.

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AmeriServ Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

3.45

5.07

3.98

4.80

5.53

AmeriServ Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																4.80	5.09	4.79	5.65	5.53

AmeriServ Financial Accounts Receivable Calculation

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

AmeriServ Financial 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.529	/	11.353	*	91
=	44.44

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

AmeriServ Financial'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)
=	(179.738	+	0.75 * 5.529	+	0.5 * 0	-	1287.361
-	0	-	0)	/	17.1473
=	-64.35

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.

AmeriServ Financial Accounts Receivable Related Terms

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AmeriServ Financial (AmeriServ Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » AmeriServ Financial Inc (NAS:ASRV) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main and Franklin Streets, P.O. Box 430, Johnstown, PA, USA, 15907-0430

Website

https://www.ameriserv.com

AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.

Executives

Jeffrey A Stopko	officer: Senior Vice President and CFO
Richard W. Bloomingdale	director	C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Kim W Kunkle	director
David J. Hickton	director	C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
James T Huerth	officer: EVP, Commercial Banking	102 S MAIN STREET, CULPEPER VA 22701
Amy Bradley	director	MAIN & FRANKLIN STREETS, P. O. BOX 430, JOHNSTOWN PA 15907
O Malley Margaret A	director
Daniel A. Onorato	director	MAIN & FRANKLIN STREETS, P.O. BOX 430, JOHNSTOWN PA 15907
Robert L Wise	director
Craig G Ford	director, officer: Chairman, President & CEO
Thomas C Slater	director
Young Gregor T Iv	officer: President & CEO of Trust Co.	C/O S&T BANCORP INC, P O BOX 190, INDIANA PA 15701
Duke Bruce E Iii	director
Michael D Lynch	officer: Interim SVP & CFO	216 FRANKLIN STREET, JOHNSTOWN PA 15901
Michael R. Baylor	officer: EVP & Regional President	216 FRANKLIN STREET, JOHNSTOWN PA 15901