GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chino Commercial Bancorp (OTCPK:CCBC) » Definitions » Accounts Receivable

Chino Commercial Bancorp (Chino Commercial Bancorp) Accounts Receivable : $0.29 Mil (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is Chino Commercial Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chino Commercial Bancorp's accounts receivables for the quarter that ended in Dec. 2012 was $0.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chino Commercial Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2012 was 20.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chino Commercial Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2012 was $-33.55.


Chino Commercial Bancorp Accounts Receivable Historical Data

The historical data trend for Chino Commercial Bancorp'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.

* Premium members only.

Chino Commercial Bancorp Accounts Receivable Chart

Chino Commercial Bancorp Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.33 0.38 0.28 0.29

Chino Commercial Bancorp Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 0.27 0.25 0.25 0.29 0.29

Chino Commercial Bancorp Accounts Receivable Calculation

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


Chino Commercial Bancorp 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.

Chino Commercial Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.287/1.281*91
=20.44

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

Chino Commercial Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2012 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)
=(20.363+0.75 * 0.287+0.5 * 0-105.913
-0-0)/2.54324
=-33.55

* 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.


Chino Commercial Bancorp Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Chino Commercial Bancorp's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Chino Commercial Bancorp (Chino Commercial Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
14245 Pipeline Avenue, Chino, CA, USA, 91710
Chino Commercial Bancorp is a community-oriented bank, the bank offers a wide array of personal, consumer and commercial services. The operating segments are One-to-Four Residential, Residential Income, Construction, Commercial Real Estate, Commercial and Industrial and Other. It provides a broad range of deposit instruments and general banking services, including checking, savings, and money market accounts; certificate of deposit for both business and personal accounts; telebanking (banking by phone); and courier services. The bank also provides a wide variety of lending products for both businesses and consumers.

Chino Commercial Bancorp (Chino Commercial Bancorp) Headlines

From GuruFocus

Chino Commercial Bancorp Announces 20% Stock Dividend

By GlobeNewswire GlobeNewswire 05-21-2021

Chino Commercial Bancorp Announces 20% Stock Dividend

By Marketwired Marketwired 05-21-2021

Chino Commercial Bank Receives Super Premier Performing Recognition

By GuruFocusNews GuruFocusNews 04-08-2022

Chino Commercial Bank Receives Super Premier Performing Recognition

By sperokesalga sperokesalga 04-12-2023