HMN Financial (HMN Financial) Change In Receivables

: $-0.55 Mil (TTM As of Dec. 2023)

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HMN Financial's change in receivables for the quarter that ended in Dec. 2023 was $0.32 Mil. It means HMN Financial's Accounts Receivable declined by $0.32 Mil from Sep. 2023 to Dec. 2023 .

HMN Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.55 Mil. It means HMN Financial's Accounts Receivable increased by $0.55 Mil from Dec. 2022 to Dec. 2023 .

HMN Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.55 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. HMN Financial's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HMN Financial's liquidation value for the three months ended in Dec. 2023 was $-770.52 Mil.

HMN Financial Change In Receivables Historical Data

The historical data trend for HMN 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.

* Premium members only.

HMN Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.11

-0.85

0.97

-0.87

-0.55

HMN Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables																-0.20	-0.20	-0.47	0.32	-

HMN 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 $-0.55 Mil.

HMN Financial (NAS:HMNF) 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.

HMN 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
=	3.553	/	9.358	*	91
=	34.65

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

HMN 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)
=	226.245	-	999.428	+	0.75 * 3.553	+	0.5 * 0
=	-770.52

HMN Financial Change In Receivables Related Terms

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HMN Financial (HMN Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HMN Financial Inc (NAS:HMNF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 Civic Center Drive Northwest, Rochester, MN, USA, 55901

Website

https://www.justcallhome.com

HMN Financial Inc is a stock savings bank holding company of Home federal savings bank. The bank is engaged in community banking and operates retail banking and loan production facilities in Minnesota, Iowa, Wisconsin. It is involved in the business of attracting deposits from the general public and businesses and using such deposits to originate single-family residential, commercial real estate and multi-family mortgage loans as well as consumer, construction, and commercial business loans. The bank also invests in mortgage-backed and related securities, U.S. government agency obligations and other permissible investments. Its products and services include checking and savings accounts, cash deposits, online services, credit cards among others.

Executives

Bradley Krehbiel	other: EVP of subsidiary	RT 3 BOX 174, LAKE CITY MN 55041
Jeffrey Bolton	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
David Oeth	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Pamela Bishop	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Williams Barbara Butts	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Jon J Eberle	officer: Senior Vice President	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Wendy S Shannon	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Mark E Utz	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hugh C Smith	director	1016 CIVIC CENTER DR NW, ROCHESTER MN 55901
Sequoya S Borgman	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Michael A Bue	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Hans K Zietlow	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Patricia S Simmons	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Malcolm W Mcdonald	director
Michael J Fogarty	director