GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Bancorp of Indiana Inc (OTCPK:FBPI) » Definitions » Accounts Receivable

First Bancorp of Indiana (First Bancorp of Indiana) Accounts Receivable : $0.00 Mil (As of Mar. 2008)


View and export this data going back to 1999. Start your Free Trial

What is First Bancorp of Indiana Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Bancorp of Indiana's accounts receivables for the quarter that ended in Mar. 2008 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Bancorp of Indiana's Days Sales Outstanding for the quarter that ended in Mar. 2008 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. First Bancorp of Indiana's Net-Net Working Capital per share for the quarter that ended in Mar. 2008 was $-183.07.


First Bancorp of Indiana Accounts Receivable Historical Data

The historical data trend for First Bancorp of Indiana'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.

First Bancorp of Indiana Accounts Receivable Chart

First Bancorp of Indiana Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Bancorp of Indiana Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 - - - - -

First Bancorp of Indiana Accounts Receivable Calculation

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


First Bancorp of Indiana 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.

First Bancorp of Indiana's Days Sales Outstanding for the quarter that ended in Mar. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.576*91
=0.00

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

First Bancorp of Indiana's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2008 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)
=(6.085+0.75 * 0+0.5 * 0-336.492
-0-0)/1.80483
=-183.07

* 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.


First Bancorp of Indiana Accounts Receivable Related Terms

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


First Bancorp of Indiana (First Bancorp of Indiana) Business Description

Traded in Other Exchanges
N/A
Address
5001 Davis Lant Drive, Evansville, IN, USA, 47715
First Bancorp of Indiana Inc is a banking company. It provides full banking services and generates commercial, mortgage, and consumer loans, and receives deposits from customers. The company accepts various deposit products, including checking, money market, savings, health savings, and individual retirement accounts (IRA); certificates of deposit; and commercial checking, community first checking, and small business checking accounts.

First Bancorp of Indiana (First Bancorp of Indiana) Headlines