Middlefield Banc (Middlefield Banc) Accounts Receivable : $5.46 Mil (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Middlefield Banc Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Middlefield Banc's accounts receivables for the quarter that ended in Dec. 2023 was $5.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Middlefield Banc's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Middlefield Banc's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-171.20.

Middlefield Banc Accounts Receivable Historical Data

The historical data trend for Middlefield Banc'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.

Middlefield Banc Accounts Receivable Chart

Middlefield Banc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

2.72

4.36

2.82

4.33

5.46

Middlefield Banc 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															4.33	27.26	30.47	-	5.46

Middlefield Banc Accounts Receivable Calculation

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

Middlefield Banc 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.457	/	16.978	*	91
=	29.33

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

Middlefield Banc'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)
=	(227.176	+	0.75 * 5.457	+	0.5 * 0	-	1617.202
-	0	-	0)	/	8.09525
=	-171.20

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.

Middlefield Banc Accounts Receivable Related Terms

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

Middlefield Banc (Middlefield Banc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Middlefield Banc Corp (NAS:MBCN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

15985 East High Street, Middlefield, OH, USA, 44062-0035

Website

https://www.middlefieldbank.bank

Middlefield Banc Corp is a United States-based bank holding company. It offers customers banking services, including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, and other services. It also maintains, manages, and disposes of nonperforming loans and other real estate owned.

Executives

Jennifer L Moeller	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Heslop James R Ii	director, officer: Exec. Vice President/COO
Thomas M Wilson	officer: EVP/Corporate Development	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Robert J Dawson	officer: EVP/Chief Lending Officer	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Michael C Voinovich	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Zimmerly Ronald Len Jr.	director	4427 COUNTY ROAD 55, BELLEFONTAINE OH 43311
William J Skidmore	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Mark Ramsey Watkins	director	9551 TOWNSHIP ROAD 179, KENTON OH 43326
Spencer Cohn	director	1682 EL CAMINO REAL, SUITE 320, SAN DIEGO CA 92130
Kenneth E Jones	director	2003 HAVENSWOOD PLACE, BLACKLICK OH 43004
Kevin A Digeronimo	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Darryl E Mast	director
Robert W Toth	director	15985 EAST HIGH STREET, POST OFFICE BOX 35, MIDDLEFIELD OH 44062
Rose Clayton W Iii	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Adam T Cook	officer: Senior Vice President	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062