Greene County Bancorp (Greene County Bancorp) Accounts Receivable : $14.50 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Greene County Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greene County Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $14.50 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greene County Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 83.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greene County Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-119.98.

Greene County Bancorp Accounts Receivable Historical Data

The historical data trend for Greene County Bancorp'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.

Greene County Bancorp Accounts Receivable Chart

Greene County Bancorp Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

Get a 7-Day Free Trial

5.85

8.21

7.78

8.92

12.25

Greene County Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															13.99	12.25	13.76	14.50	16.76

Greene County Bancorp Accounts Receivable Calculation

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

Greene County Bancorp 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14.499	/	15.866	*	91
=	83.39

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

Greene County Bancorp'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)
=	(487.711	+	0.75 * 14.499	+	0.5 * 0	-	2541.392
-	0	-	0)	/	17.0268
=	-119.98

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.

Greene County Bancorp Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Greene County Bancorp's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Greene County Bancorp (Greene County Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Greene County Bancorp Inc (NAS:GCBC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

302 Main Street, Catskill, NY, USA, 12414

Website

http://www.tbogc.com

Greene County Bancorp Inc is a holding firm. Its primary business involves overseeing and directing the business of The Bank of Greene County and monitoring its cash position. Through its directly and indirectly owned subsidiaries, the company engages in attracting retail deposits, along with funds generated from operations and borrowings, primarily in one to four-family residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans, and commercial business loans. It also serves local municipalities' banking needs and operates a real estate investment trust.

Executives

Tejraj S Hada	director	302 MAIN STREET, CATSKILL NY 12414
Donald E Gibson	officer: President and CEO	302 MAIN STREET, CATSKILL NY 12414
Michelle M Plummer	officer: SVP, COO & CFO
Stephen E Nelson	officer: Vice President - Lending
Jay P. Cahalan	director	302 MAIN STREET, CATSKILL NY 12414
Peter W. Hogan	director	302 MAIN STREET, CATSKILL NY 12414
Perry Martin Lasher	officer: EVP, Chief Lending Officer	302 MAIN STREET, CATSKILL NY 12414
Paul Slutzky	director
Charles H Schaefer	director
Arthur Place	director	425 MAIN STREET, CATSKILL NY 12414
Dennis R Ogrady	director
J Bruce Whittaker	director, officer: President & CEO
Bruce P Egger	officer: SVP, Corporate Secretary
David H Jenkins	director
Martin C Smith	director