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FVCBankcorp (FVCBankcorp) Accounts Receivable : $10.32 Mil (As of Dec. 2023)


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What is FVCBankcorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FVCBankcorp's accounts receivables for the quarter that ended in Dec. 2023 was $10.32 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FVCBankcorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 219.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FVCBankcorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-97.35.


FVCBankcorp Accounts Receivable Historical Data

The historical data trend for FVCBankcorp'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.

FVCBankcorp Accounts Receivable Chart

FVCBankcorp 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 4.09 9.14 8.07 9.44 10.32

FVCBankcorp 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 9.44 9.91 10.47 10.15 10.32

FVCBankcorp Accounts Receivable Calculation

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


FVCBankcorp 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.321/4.283*91
=219.89

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

FVCBankcorp'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)
=(232.117+0.75 * 10.321+0.5 * 0-1973.441
-0-0)/17.807
=-97.35

* 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.


FVCBankcorp Accounts Receivable Related Terms

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FVCBankcorp (FVCBankcorp) Business Description

Traded in Other Exchanges
N/A
Address
11325 Random Hills Road, Suite 240, Fairfax, VA, USA, 22030
FVCBankcorp Inc is a registered bank holding company. It operates primarily through the sole subsidiary, FVCbank which is a community-oriented, locally-owned and managed commercial bank. It offers commercial banking services to small and medium-sized businesses, professionals, non-profit organizations and associations, and investors. It also provides retail banking services to accommodate the individual needs of both corporate customers as well as the communities it serves. The bank provides other facilities such as online banking, mobile banking, remote deposit service and lending products, among others. Its primary source of revenue is the net interest income.
Executives
William G Byers officer: Chief Lending Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
David W Pijor director, officer: Chairman/Chief Executive Offic 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Wills Phillip R. Iii director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
B. Todd Dempsey officer: Chief Operating Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Lawrence W Schwartz director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Patterson Thomas L /va/ director 11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Jennifer L Deacon officer: Chief Financial Offier 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Patricia A Ferrick director, officer: President 6811 HARTWOOD LANE, CENTREVILLE VA 20121
Daniel M. Testa director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Scott Laughlin director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Devin Satz director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Marc N. Duber director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Sharon L. Jackson officer: EVP, Chief Deposit Officer 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030
Morton A Bender director 11325 RANDOM HILLS ROAD, STE 240, FAIRFAX VA 22030
Meena Krishnan director 11325 RANDOM HILLS ROAD, SUITE 240, FAIRFAX VA 22030