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Ottawa Bancorp (Ottawa Bancorp) Accounts Receivable : $1.70 Mil (As of Dec. 2023)


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What is Ottawa Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ottawa Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $1.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ottawa Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 61.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ottawa Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-113.13.


Ottawa Bancorp Accounts Receivable Historical Data

The historical data trend for Ottawa 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.

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Ottawa Bancorp Accounts Receivable Chart

Ottawa Bancorp 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 0.88 0.97 1.01 1.12 1.70

Ottawa Bancorp 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 1.12 1.09 1.17 1.51 1.70

Ottawa Bancorp Accounts Receivable Calculation

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


Ottawa 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.

Ottawa 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
=1.701/2.51*91
=61.84

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

Ottawa 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)
=(32.177+0.75 * 1.701+0.5 * 0-322.278
-0-0)/2.55297
=-113.13

* 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.


Ottawa Bancorp Accounts Receivable Related Terms

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Ottawa Bancorp (Ottawa Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
925 LaSalle Street, Ottawa, IL, USA, 61350
Ottawa Bancorp Inc is a bank holding company. The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue in the form of interest.
Executives
Craig M Hepner director, officer: COO 925 LASALLE STREET, OTTAWA IL 61350
Jon Kranov director, officer: President & CEO 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Thomas Michael Adler director 925 LASALLE STREET, OTTAWA IL 61350
William Kuiper director 925 LASALLE STREET, OTTAWA IL 61350
John M. Armstrong director OTTAWA SAVINGS BANCORP, INC., 925 LASALLE STREET, OTTAWA IL 61350
Marc N Kingry officer: CFO 925 LASALLE STREET, OTTAWA IL 61350
Mark Stoudt officer: Chief Lending Officer 925 LASALLE STREET, OTTAWA IL 61350
Arthur Mueller director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
James Ferrero director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Keith Johnson director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Daniel Reynolds director 925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350