Fentura Financial (Fentura Financial) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Fentura Financial Change In Receivables?

Fentura Financial's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Fentura Financial's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Fentura Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.28 Mil. It means Fentura Financial's Accounts Receivable increased by $0.28 Mil from Dec. 2022 to Dec. 2023 .

Fentura Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $4.47 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. Fentura Financial's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fentura Financial's liquidation value for the three months ended in Dec. 2023 was $-1,400.99 Mil.

Fentura Financial Change In Receivables Historical Data

The historical data trend for Fentura Financial'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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Fentura Financial Change In Receivables Chart

Fentura Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.12

-2.15

0.63

-1.96

-0.28

Fentura Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Fentura Financial 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Fentura Financial (OTCPK:FETM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.472	/	15.41	*	91
=	26.48

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

Fentura Financial's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	195.91	-	1600.25	+	0.75 * 4.472	+	0.5 * 0
=	-1,400.99

Fentura Financial Change In Receivables Related Terms

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Fentura Financial (Fentura Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fentura Financial Inc (OTCPK:FETM) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

175 North Leroy Street, P.O. Box 725, Fenton, MI, USA, 48430-3805

Website

https://www.fentura.com

Fentura Financial Inc is a bank holding company engaged in the business of financial services through its wholly-owned subsidiaries. The corporation provides banking and trust services principally to individuals, small businesses, and governmental entities through its community banking and loan processing offices. The primary deposit products include Checking, Savings, and Term certificate accounts, and the primary lending products comprise Residential mortgage, Commercial real estate, Commercial, Home equity, and Consumer loans. The corporation's sources of revenue include trust-related income, investment services income, ATM card income, debit card income, and service charges on deposit accounts.

Executives

James Distelrath	director, officer: Chief Financial Officer	101 N LEROY STREET, FENTON MI 48430
Craig L Johnson	officer: Senior Lender - The State Bank	101 N LEROY STREET, FENTON MI 48430
Randy D Hicks	director	101 N. LEROY STREET, FENTON MI 48430
Frederick P Dillingham	director	175 N LEROY, FENTON MI 48340
Joanne Shaw	director	175 N LEROY, FENTON MI 48340
Ronald Rybar	director	175 N LEROY, FENTON MI 48340
James Wesseling	director	175 N LEROY STREET, FENTON MI 48340
William Dery	director	175 N LEROY STREET, FENTON MI 48340
Daniel Wollschlager	officer: SVP, Senior Lending Officer	175 NORTH LEROY STREET, FENTON MI 48430
Douglas Rotman	director	175 N LEROY, FENTON MI 48430
Sheryl Stephens	director	175 N LEROY, FENTON MI 48430
Kenneth R Elston	director	175 NORTH LEROY STREET, P.O. BOX 725, FENTON MI 48430
Holly J Pingatore	officer: Senior VP-The State Bank	175 NORTH LEROY STREET, FENTON MI 48430
John Emmendorfer	officer: President-Davison State Bank	175 NORTH LEROY STREET, FENTON MI 48430
Dennis Leyder	officer: Senior VP-The State Bank	175 NORTH LEROY STREET, FENTON MI 48430