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Pacific Premier Bancorp (Pacific Premier Bancorp) Accounts Receivable : $68.5 Mil (As of Dec. 2023)


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What is Pacific Premier Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pacific Premier Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $68.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pacific Premier Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-146.20.


Pacific Premier Bancorp Accounts Receivable Historical Data

The historical data trend for Pacific Premier 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.

Pacific Premier Bancorp Accounts Receivable Chart

Pacific Premier 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 39.44 74.57 65.73 73.78 68.52

Pacific Premier 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 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 69.66 70.09 68.13 68.52 67.64

Pacific Premier Bancorp Accounts Receivable Calculation

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


Pacific Premier 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.

Pacific Premier 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
=68.516/-98.994*91
=

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

Pacific Premier 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)
=(2077.539+0.75 * 68.516+0.5 * 0-16144.064
-0-0)/95.8601
=-146.20

* 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.


Pacific Premier Bancorp Accounts Receivable Related Terms

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Pacific Premier Bancorp (Pacific Premier Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
17901 Von Karman Avenue, Suite 1200, Irvine, CA, USA, 92614
Pacific Premier Bancorp Inc through its subsidiaries, provides banking products and services. It offers cash management, electronic banking services, credit facilities, and retirement accounts, among others.
Executives
Michael S Karr officer: EVP & Chief Credit Officer 1600 SUNFLOWER AVE, COSTA MESA CA 92626
Lori R Wright officer: EVP, Chief Accounting Officer 17901 VON KARMAN AVENUE, SUITE 1200, IRVINE CA 92614
Tom Rice officer: EVP & Chief Operating Officer 17901 VON KARMAN AVENUE, SUITE 1200, IRVINE CA 92614
Edward Earl Wilcox officer: EVP/Chief Lending Officer 13221 SUSSEX PLACE, SANTA ANA CA 92705
Jeff C Jones director 1199 SOUTH FAIRWAY DRIVE, 2ND FLOOR, WALNUT CA 91789
Joseph L Garrett director 2820 DERBY STREET, BERKELEY CA 94705
Sherri V. Scott officer: Sr.EVP,Dir ESG & Corp Respons. 17911 VON KARMAN, SUITE 1200, IRVINE CA 92614
Tamara Wendoll officer: EVP/COO Pacific Premier Trust 17901 VAN KARMAN, SUITE 1200, IRVINE CA 92614
Steven R Gardner officer: President/CEO 12131 ORVILLINA DRIVE, SANTA ANA CA 92705
Stephanie Hsieh director 17901 VON KARMAN, SUITE 1200, IRVINE CA 92614
Rose Mckinney-james director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
Margaret S. Ohlhaver officer: Sr.EVP, Chf Human Res. Officer 17911 VON KARMAN, SUITE 1200, IRVINE CA 92614
George M. Pereira director 17901 VON KARMAN, SUITE 1200, IRVINE CA 92614
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104
Nicolas Ronald J. Jr. officer: SEVP & CFO 2727 E. IMPERIAL HIGHWAY, BREA CA 92821