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FNWB (First Northwest Bancorp) Accounts Receivable : $8.94 Mil (As of Sep. 2024)


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What is First Northwest Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Northwest Bancorp's accounts receivables for the quarter that ended in Sep. 2024 was $8.94 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Northwest Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 51.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First Northwest Bancorp's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-192.04.


First Northwest Bancorp Accounts Receivable Historical Data

The historical data trend for First Northwest 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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First Northwest Bancorp Accounts Receivable Chart

First Northwest Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 6.97 5.29 6.74 7.89

First Northwest Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.09 7.89 8.91 9.47 8.94

First Northwest Bancorp Accounts Receivable Calculation

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


First Northwest 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.

First Northwest Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.939/15.799*91
=51.63

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

First Northwest Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(393.582+0.75 * 8.939+0.5 * 0-2094.697
-0-0)/8.82338
=-192.04

* 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 Northwest Bancorp Accounts Receivable Related Terms

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First Northwest Bancorp Business Description

Traded in Other Exchanges
N/A
Address
105 West 8th Street, Port Angeles, WA, USA, 98362
First Northwest Bancorp is a bank holding company and a financial holding company and is engaged in banking activities through its wholly owned subsidiary, First Fed Bank, as well as certain non-banking financial activities. It includes deposit and lending transactions that are supplemented with other borrowing and investing activities. The bank's principal lending activities are focused on first lien one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, commercial business loans, and consumer loans.
Executives
Matthew Deines officer: President & CEO C/O FIRST NORTHWEST BANCORP, 105 W. 8TH STREET, PORT ANGELES WA 98362
Sherilyn G Anderson director 105 W. 8TH STREET, PORT ANGELES WA 98362
Dana D. Behar director 105 W. EIGHTH STREET, PORT ANGELES WA 98362
Lynn Terwoerds director 105 WEST 8TH ST, PORT ANGELES WA 98362
Jennifer Zaccardo director 105 WEST 8TH STREET, PORT ANGELES WA 98362
Terry A Anderson officer: EVP/CCO 105 W. 8TH STREET, PORT ANGELES WA 98362
Cindy H. Finnie director 105 WEST 8TH STREET, PORT ANGELES WA 98362
Christopher J Riffle officer: Executive VP, COO, GC 105 W. 8TH STREET, PORT ANGELES WA 98362
Tonina Norman J. Jr. director 105 WEST 8TH STREET, PORT ANGELES WA 98362
Geraldine L. Bullard officer: EVP/CFO/Principal Acc't Off. 105 W. 8TH STREET, PORT ANGELES WA 98362
Christopher Wade Neros officer: EVP, Chief Lending Officer 105 W 8TH STREET, PORT ANGELES WA 98362
Gabriel Steven Galanda director 105 W. 8TH STREET, PORT ANGELES WA 98362
David T. Flodstrom director 105 WEST 8TH STREET, PORT ANGELES WA 98362
Craig Alan Curtis director 105 WEST 8TH STREET, PORT ANGELES WA 98362
Randy T. Riffle officer: EVP/Chief Lending Officer 105 W. 8TH STREET, PORT ANGELES WA 98362