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Fauquier Bankshares (Fauquier Bankshares) Accounts Receivable : $2.31 Mil (As of Dec. 2020)


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What is Fauquier Bankshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fauquier Bankshares's accounts receivables for the quarter that ended in Dec. 2020 was $2.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fauquier Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 22.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fauquier Bankshares's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-154.16.


Fauquier Bankshares Accounts Receivable Historical Data

The historical data trend for Fauquier Bankshares'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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Fauquier Bankshares Accounts Receivable Chart

Fauquier Bankshares Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.94 1.94 1.98 2.31

Fauquier Bankshares Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1.98 1.93 2.82 2.64 2.31

Fauquier Bankshares Accounts Receivable Calculation

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


Fauquier Bankshares 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.

Fauquier Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.305/9.334*91
=22.53

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

Fauquier Bankshares's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(207.401+0.75 * 2.305+0.5 * 0-794.712
-0-0)/3.79856
=-154.16

* 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.


Fauquier Bankshares Accounts Receivable Related Terms

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Fauquier Bankshares (Fauquier Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
10 Courthouse Square, Warrenton, VA, USA, 20186
Fauquier Bankshares Inc is a bank holding company. The bank provides a range of consumer and commercial banking services to individuals, businesses, and industries. Its basic services offered by the bank include interest and non-interest-bearing demand deposit accounts, money market deposit accounts, negotiable order of withdrawal accounts, time deposits, amongst others. The company also makes secured and unsecured commercial and real estate loans, issues standby letters of credit and grants available credit for installment, unsecured and secured personal loans, residential mortgages and home equity loans, as well as automobile and other types of consumer financing.
Executives
Brian Stuart Montgomery director 10 COURTHOUSE SQ WARRENTON VA 20186
Randolph Tucker Minter director 10 COURTHOUSE SQ WARRENTON VA 20186
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Christine Edwards Headly officer: EVP & Chief Financial Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
P Kurtis Rodgers director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Donna D Flory director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Chip S Register officer: EVP & Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
T. Michael York officer: Chief Operating Officer 10 COURTHOUSE SQUARE WARRENTON VA 20186
Eric Peter Graap other: Former CFO & Director 10 COURTHOUSE SQUARE WARRENTON VA 20186
Randy Kent Ferrell director, officer: President and CEO 10 COURTHOUSE SQUARE WARRENTON VA 20188