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Citizens Community Bancorp (Citizens Community Bancorp) Accounts Receivable : $5.41 Mil (As of Dec. 2023)


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What is Citizens Community Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Citizens Community Bancorp's accounts receivables for the quarter that ended in Dec. 2023 was $5.41 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Citizens Community Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 34.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Citizens Community Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-156.78.


Citizens Community Bancorp Accounts Receivable Historical Data

The historical data trend for Citizens Community 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.

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Citizens Community Bancorp Accounts Receivable Chart

Citizens Community Bancorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 5.65 3.92 5.29 5.41

Citizens Community Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.29 5.55 5.70 5.94 5.41

Citizens Community Bancorp Accounts Receivable Calculation

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


Citizens Community 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.

Citizens Community Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.409/14.227*91
=34.69

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

Citizens Community Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(37.138+0.75 * 5.409+0.5 * 0-1678.057
-0-0)/10.4406
=-156.78

* 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 Community Bancorp Accounts Receivable Related Terms

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Citizens Community Bancorp (Citizens Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2174 EastRidge Center, Eau Claire, WI, USA, 54701
Citizens Community Bancorp Inc is a bank holding company that offers traditional community banking services to businesses, Agricultural operators, and consumers, including one-to-four-family residential mortgages. it also offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit, and consumer loans and offers deposit products through its branches, including demand deposits, various savings and money-market accounts and certificates of deposit. The company's sources of funds are deposits; amortization, prepayments, and maturities of outstanding loans; other short- term investments; and funds provided from operations.
Executives
Stephen M Bianchi officer: CEO and President 225 S. MAIN AVENUE, SIOUX FALLS SD 57104
Kristina M Bourget director 1703 PINE PARK DRIVE, EAU CLAIRE WI 54701
Kathleen Skarvan other: Director of Subsidiary 40 WEST HIGHLAND PARK DR NE, HUTCHINSON MN 55350
James S Broucek officer: Chief Financial Officer
Timothy L Olson director 2727 PINE VIEW ROAD, EAU CLAIRE WI 54703
James D Moll director 400 9TH AVE SW, WELLS MN 56097
Francis E Felber director 754 OAK ST, BARRON WI 54812
William Glen Bertrand other: Director of Subsidiary E3420 N PINECREEK ROAD, ELEVA WI 54738
Richard Mchugh director, other: Chairman C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Nicholas William Amundsen other: Director of Subsidiary S4443 RYGG ROAD, EAU CLAIRE WI 54701
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
James R Lang director 2194 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael R Conner other: Director of Subsidiary 1124 CUMMINGS COURT, EAU CLAIRE WI 54701
Brian R Schilling director C/O CITIZENS COMMUNITY BANCORP, 2174 EASTRIDGE CENTER, EAU CLAIRE WI 54701
Michael L Swenson director 1414 WEST HAMILTON AVE., STE 3, EAU CLAIRE WI 54701