BAYN (Bay National) Accounts Receivable: $1.39 Mil (As of Mar. 2010)

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What is Bay National Accounts Receivable?

Bay National BAYN Accounts Receivable is $1.39 Mil as of Mar. 2010.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bay National's accounts receivables for the quarter that ended in Mar. 2010 was $1.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bay National's Days Sales Outstanding for the quarter that ended in Mar. 2010 was 76.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bay National's Net-Net Working Capital per share for the quarter that ended in Mar. 2010 was $-96.70.

Bay National 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.

Bay National's Days Sales Outstanding for the quarter that ended in Mar. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.393/1.658*91
=76.67

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

Bay National's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2010 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)
=(76.47+0.75 * 1.393+0.5 * 0-285.798
-0-0)/2.154
=-96.70

* 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.

Bay National Accounts Receivable Related Terms

Bay National Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Bay National'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.

Bay National Accounts Receivable Chart

Bay National Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 0.00 4.09 1.35 1.41

Bay National Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 1.09 1.36 1.58 1.41 1.39

Bay National Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $1.39 Mil mean?
Bay National (BAYN) has a Accounts Receivable of $1.39 Mil as of Mar. 2010. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Bay National and its competitors.
Is Bay National's Accounts Receivable too high?
Bay National's current Accounts Receivable is $1.39 Mil.
How does Bay National's Accounts Receivable compare to OPHC and CCSB?
Bay National's Accounts Receivable of $1.39 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Banks company?
A good Accounts Receivable depends on the Banks industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Bay National and its competitors. Bay National's current Accounts Receivable is $1.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bay National stock overvalued right now?
Bay National (BAYN) has a current Accounts Receivable of $1.39 Mil. The current Accounts Receivable is $1.39 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Bay National (BAYN), the current Accounts Receivable is $1.39 Mil as of Mar. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bay National Business Description

Address 2328 West Joppa Road, Lutherville, MD, USA, 21093
Bay National Corp is a bank holding company, which through National Bank, offers a complete range of commercial, private, cash management, retail, and residential mortgage banking services.