GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Sound Bank WA (OTCPK:FSWA) » Definitions » Accounts Receivable

First Sound Bank WA (First Sound Bank WA) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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

What is First Sound Bank WA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Sound Bank WA's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Sound Bank WA's Days Sales Outstanding for the quarter that ended in Sep. 2023 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 Sound Bank WA's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-6,242.06.


First Sound Bank WA Accounts Receivable Historical Data

The historical data trend for First Sound Bank WA'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 Sound Bank WA Accounts Receivable Chart

First Sound Bank WA Annual Data
Trend Dec04 Dec05 Dec06
Accounts Receivable
0.07 0.32 0.63

First Sound Bank WA Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Jun22 Sep22 Jun23 Sep23
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 0.76 - - - -

First Sound Bank WA Accounts Receivable Calculation

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


First Sound Bank WA 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 Sound Bank WA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.253*91
=0.00

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

First Sound Bank WA's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1.303+0.75 * 0+0.5 * 0-145.869
-0-0)/0.02316
=-6,242.06

* 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 Sound Bank WA Accounts Receivable Related Terms

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


First Sound Bank WA (First Sound Bank WA) Business Description

Traded in Other Exchanges
N/A
Address
925 Fourth Avenue, Suite 2350, Seattle, WA, USA, 98104
First Sound Bank WA is a commercial bank. It provides loan and deposit services to customers who are predominately small and midsized businesses, not-for-profit organizations, entrepreneurs, and professional service firms. The Bank provides small commercial equipment financing agreements (EFA) to businesses that are located throughout the United States. Additionally, the group also provides business banking, equipment financing, personal banking, and online banking services.

First Sound Bank WA (First Sound Bank WA) Headlines