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Towne Bancorp Az (Towne Bancorp Az) Change In Receivables : $0.00 Mil (TTM As of Dec. 2007)


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What is Towne Bancorp Az Change In Receivables?

Towne Bancorp Az's change in receivables for the quarter that ended in Dec. 2007 was $0.00 Mil. It means Towne Bancorp Az's Accounts Receivable stayed the same from Sep. 2007 to Dec. 2007 .

Towne Bancorp Az's change in receivables for the fiscal year that ended in Dec. 2007 was $0.00 Mil. It means Towne Bancorp Az's Accounts Receivable stayed the same from Dec. 2006 to Dec. 2007 .

Towne Bancorp Az's Accounts Receivable for the quarter that ended in Dec. 2007 was $1.10 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. Towne Bancorp Az's Days Sales Outstanding for the three months ended in Dec. 2007 was 54.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Towne Bancorp Az's liquidation value for the three months ended in Dec. 2007 was $-162.46 Mil.


Towne Bancorp Az Change In Receivables Historical Data

The historical data trend for Towne Bancorp Az'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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Towne Bancorp Az Change In Receivables Chart

Towne Bancorp Az Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Change In Receivables
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Towne Bancorp Az Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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Towne Bancorp Az 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Towne Bancorp Az  (OTCPK:TWNE) 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.

Towne Bancorp Az's Days Sales Outstanding for the quarter that ended in Dec. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.099/1.829*91
=54.83

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

Towne Bancorp Az's liquidation value for the quarter that ended in Dec. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.738-165.018+0.75 * 1.099+0.5 * 0
=-162.46

* 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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Towne Bancorp Az (Towne Bancorp Az) Business Description

Traded in Other Exchanges
N/A
Address
3156 East Baseline Road, Mesa, AZ, USA, 85204
Towne Bancorp Inc Az is a holding company, which through Towne Bank of Arizona, provides general banking concern in Mesa, Arizona.

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