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City Bank (City Bank) Change In Receivables : $0.57 Mil (TTM As of Jun. 2009)


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What is City Bank Change In Receivables?

City Bank's change in receivables for the quarter that ended in Jun. 2009 was $0.80 Mil. It means City Bank's Accounts Receivable declined by $0.80 Mil from Mar. 2009 to Jun. 2009 .

City Bank's change in receivables for the fiscal year that ended in Dec. 2008 was $3.14 Mil. It means City Bank's Accounts Receivable declined by $3.14 Mil from Dec. 2007 to Dec. 2008 .

City Bank's Accounts Receivable for the quarter that ended in Jun. 2009 was $3.01 Mil.

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 Receivable are being managed. City Bank's Days Sales Outstanding for the three months ended in Jun. 2009 was 203.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. City Bank's liquidation value for the three months ended in Jun. 2009 was $-1,164.44 Mil.


City Bank Change In Receivables Historical Data

The historical data trend for City Bank's Change In Receivables 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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City Bank Change In Receivables Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.14

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Change In Receivables 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 - - - -0.24 0.80

City Bank Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.57 Mil.

* 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.


City Bank  (OTCPK:CTBK) Change In Receivables 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 Receivable are being managed.

City Bank's Days Sales Outstanding for the quarter that ended in Jun. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.007/1.346*91
=203.85

2. In Ben Graham's calculation of liquidation value, City Bank's accounts receivable are only considered to be worth 75% of book value:

City Bank's liquidation value for the quarter that ended in Jun. 2009 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.815-1179.515+0.75 * 3.007+0.5 * 0
=-1,164.44

* 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.


City Bank Change In Receivables Related Terms

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City Bank (City Bank) Business Description

Traded in Other Exchanges
N/A
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

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