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CFNB (California First Leasing) Accounts Receivable : $0.00 Mil (As of Dec. 2024)


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What is California First Leasing Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. California First Leasing's accounts receivables for the quarter that ended in Dec. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. California First Leasing's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. California First Leasing's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.03.


California First Leasing Accounts Receivable Historical Data

The historical data trend for California First Leasing'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.

California First Leasing Accounts Receivable Chart

California First Leasing Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
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California First Leasing Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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California First Leasing Accounts Receivable Calculation

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


California First Leasing 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.

California First Leasing's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/11.772*91
=0.00

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

California First Leasing's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(21.603+0.75 * 0+0.5 * 0-21.922
-0-0)/9.309
=-0.03

* 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.


California First Leasing Accounts Receivable Related Terms

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California First Leasing Business Description

Traded in Other Exchanges
N/A
Address
5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660
California First Leasing Corp is an internally managed non-diversified closed-end investment company. The company retains its lease business while using equity and other investments to maximize current income and generate capital appreciation.
Executives
Patrick E Paddon director, 10 percent owner, officer: Chief Executive Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612
Michael H Lowry director
Robert Winton Kelley director 5000 BIRCH STREET, SUITE 500, NEWPORT BEACH CA 92660-8142
Robert A Hodgson officer: Sr. VP Tax & Accounting 18201 VON KARMAN AVE. #800, IRVINE CA 92612
Bedros Aharonyan officer: President, Cal First Natl Bank CALIFORNIA FIRST NATIONAL BANK, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Michael L Mcclendon officer: SVP Credit of CalFirst Leasing CALIFORNIA FIRST LEASING CORPORATION, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Glen T Tsuma director, 10 percent owner, officer: CHief Operating Officer 18201 VON KARMAN AVE, SUITE 800, IRVINE CA 92612
Danilo Cacciamatta director
Harris Ravine director 8475 GREENWOOD DRIVE, NIWOT CO 80503
S Leslie Jewett officer: Chief Financial Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612