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Franklin Financial Services (Franklin Financial Services) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Franklin Financial Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Franklin Financial Services's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Franklin Financial Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Franklin Financial Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-274.99.


Franklin Financial Services Accounts Receivable Historical Data

The historical data trend for Franklin Financial Services'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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Franklin Financial Services Accounts Receivable Chart

Franklin Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Franklin Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Franklin Financial Services Accounts Receivable Calculation

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


Franklin Financial Services 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/17.669*91
=0.00

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

Franklin Financial Services'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)
=(501.872+0.75 * 0+0.5 * 0-1703.903
-0-0)/4.37123
=-274.99

* 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.


Franklin Financial Services Accounts Receivable Related Terms

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Franklin Financial Services (Franklin Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
1500 Nitterhouse Drive, Chambersburg, PA, USA, 17201-0819
Franklin Financial Services Corp is a bank holding company based in the United States. It is engaged in general commercial, retail banking and trust services normally associated with community banks. It offers a broad range of banking services to businesses, individuals, and governmental entities which includes accepting and maintaining checking, savings, and time deposit accounts, providing investment and trust services, making loans and providing safe deposit facilities. The bank also performs personal, corporate, pension and fiduciary services through its Investment and Trust Services Department.
Executives
Karen K Carmack officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Carroll Charles Benner Jr officer: COO 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Gregory A Duffey director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Mark R Hollar officer: CFO 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Kimberly Rzomp director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Timothy G Henry officer: President 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Jennings Allan E Jr director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010
Gregory I Snook director 19419 PEARL DR., HAGERSTOWN MD 21742
Kevin W Craig director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Patricia A Hanks officer: SVP 20 SOUTH MAIN STREET, PO BOX 6010, CHAMBERSBURG PA 17201
Steven M Poynot officer: COO 8004 BRIGHT LIGHT PLACE, ELLICOTT CITY MD 21043
David M Long officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
Joseph C Lieb officer: SVP 2 W. MULBERRY HILL ROAD, CARLISLE PA 17013
Louis J Giustini officer: SVP 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201
G Warren Elliott director 1500 NITTERHOUSE DRIVE, CHAMBERSBURG PA 17201-6010

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