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Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Accounts Receivable : $5.10 Mil (As of Sep. 2096)


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What is Citizens National Bancshares Bossier Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Citizens National Bancshares Bossier's accounts receivables for the quarter that ended in Sep. 2096 was $5.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Citizens National Bancshares Bossier's Days Sales Outstanding for the quarter that ended in Sep. 2096 was 664.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Citizens National Bancshares Bossier's Net-Net Working Capital per share for the quarter that ended in Sep. 2096 was $-24.28.


Citizens National Bancshares Bossier Accounts Receivable Historical Data

The historical data trend for Citizens National Bancshares Bossier'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.

Citizens National Bancshares Bossier Accounts Receivable Chart

Citizens National Bancshares Bossier Annual Data
Trend Dec94 Dec95
Accounts Receivable
4.00 4.30

Citizens National Bancshares Bossier Quarterly Data
Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 4.30 4.30 4.70 4.70 5.10

Citizens National Bancshares Bossier Accounts Receivable Calculation

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


Citizens National Bancshares Bossier 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.

Citizens National Bancshares Bossier's Days Sales Outstanding for the quarter that ended in Sep. 2096 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.1/0.7*91
=664.82

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

Citizens National Bancshares Bossier's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2096 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)
=(224.2+0.75 * 5.1+0.5 * 0-472.4
-0-0)/10.0654
=-24.28

* 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.


Citizens National Bancshares Bossier Accounts Receivable Related Terms

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Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Business Description

Traded in Other Exchanges
N/A
Address
2711 East Texas Street, P.O. Box 6266, Bossier City, LA, USA, 71111
Citizens National Bancshares Bossier Inc is a United States-based company engaged in offering a complete array of banking products and services. It offers personal banking services, business banking services, mortgaged services, and investments services. The company's provision of services includes savings facility, loans, CDs and IRAs, credit cards, online and mobile banking, merchant services, cash management, and others.

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