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FUSB (First US Bancshares) Accounts Receivable : $3.59 Mil (As of Dec. 2024)


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What is First US Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First US Bancshares's accounts receivables for the quarter that ended in Dec. 2024 was $3.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First US Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 33.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First US Bancshares's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-163.04.


First US Bancshares Accounts Receivable Historical Data

The historical data trend for First US Bancshares'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 US Bancshares Accounts Receivable Chart

First US Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.56 3.01 3.98 3.59

First US Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.98 4.15 3.79 3.67 3.59

First US Bancshares Accounts Receivable Calculation

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


First US Bancshares 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 US Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.588/9.73*91
=33.65

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

First US Bancshares's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(71.098+0.75 * 3.588+0.5 * 0-1002.462
-0-0)/5.696
=-163.04

* 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 US Bancshares Accounts Receivable Related Terms

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First US Bancshares Business Description

Traded in Other Exchanges
N/A
Address
3291 U.S. Highway 280, Suite 100, Birmingham, AL, USA, 35243
First US Bancshares Inc is a bank holding company. The Bank conducts general commercial banking business and offers banking services such as demand, savings, individual retirement account and time deposits, personal and commercial loans, safe deposit box services, and remote deposit capture. The Bank provides a range of commercial banking services to small and medium-sized businesses, property managers, business executives, professionals, and other individuals.
Executives
John Lee Mcphearson director P O BOX 249, 131 WEST FRONT ST, THOMASVILLE AL 36784
Marlene M Mccain director P O BOX 249, THOMASVILLE AL 36784
Eric H Mabowitz officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
William C Mitchell officer: Pre/CEO-Acceptance Loan Co Inc P O BOX 249, THOMASVILLE AL 36784
Robert S Briggs director
James F House director, officer: President & CEO P O BOX 249, THOMASVILLE AL 36784
David Peter Hale director 131 WEST FRONT STREET, P O BOX 249, THOMASVILLE AL 36784
Thomas S Elley officer: VP,CFO,PAO,Treas,Asst Sec P O BOX 249, THOMASVILLE AL 36784
Bearden Andrew C Jr director
Anthony Cashio officer: EVP, Chief Credit Officer-FUSB P O BOX 249, THOMASVILLE AL 36784
Bruce N Wilson director
Henderson J Samuel Iii officer: EVP, Bham Market Exec, FUSB P O BOX 249, THOMASVILLE AL 36784
Sheri S Cook director P O BOX 249, THOMASVILLE AL 36784
Aubrey S Miller director P O BOX 249, THOMASVILLE AL 36784
Donna D Smith director P O BOX 249, THOMASVILLE AL 36784