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Generations Bancorp NY (Generations Bancorp NY) Accounts Receivable : $1.74 Mil (As of Mar. 2024)


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What is Generations Bancorp NY Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Generations Bancorp NY's accounts receivables for the quarter that ended in Mar. 2024 was $1.74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Generations Bancorp NY's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 87.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Generations Bancorp NY's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-148.12.


Generations Bancorp NY Accounts Receivable Historical Data

The historical data trend for Generations Bancorp NY'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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Generations Bancorp NY Accounts Receivable Chart

Generations Bancorp NY Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.18 1.25 1.30 2.48

Generations Bancorp NY Quarterly Data
Jun09 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.32 1.33 1.53 2.48 1.74

Generations Bancorp NY Accounts Receivable Calculation

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


Generations Bancorp NY 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.

Generations Bancorp NY's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.74/1.819*91
=87.29

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

Generations Bancorp NY's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(40.557+0.75 * 1.74+0.5 * 0-373.926
-0-0)/2.2418
=-148.12

* 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.


Generations Bancorp NY Accounts Receivable Related Terms

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Generations Bancorp NY (Generations Bancorp NY) Business Description

Traded in Other Exchanges
N/A
Address
20 East Bayard Street, Seneca Falls, New York, NY, USA, 13148
Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured home, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency and municipal banking segments.
Executives
Bradford M Jones director, other: Chairman of the Board 19 CAYUGA STREET, SENECA FALLS NY 13148
Frank Nicchi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Menzo D Case director, officer: President and CEO 19 CAYUGA STREET, SENECA FALLS NY 13148
Cynthia S Aikman director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Derek M Dyson officer: SVP, Chief Information Officer 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Alicia H Pender director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Anthony G Cutrona officer: SVP, Growth & Profitability 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Angela M Krezmer officer: SVP and CFO 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kenneth Vincent Winn officer: SVP Credit Administration 220 LIBERTY STREET, WARSAW NY 14569
Gerald Macaluso director 19 CAYUGA STREET, SENECA FALLS NY 13148
August P Sinicropi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Jose A Acevedo director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
James Elsworth Gardner director 20 EAST BAYARD STREET, SENECA FALLS NY 13148