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HRGG (Heritage NOLA Bancorp) Accounts Receivable : $0.00 Mil (As of Mar. 2020)


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What is Heritage NOLA Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heritage NOLA Bancorp's accounts receivables for the quarter that ended in Mar. 2020 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Heritage NOLA Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2020 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. Heritage NOLA Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-61.28.


Heritage NOLA Bancorp Accounts Receivable Historical Data

The historical data trend for Heritage NOLA 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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Heritage NOLA Bancorp Accounts Receivable Chart

Heritage NOLA Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Accounts Receivable
0.32 - - -

Heritage NOLA Bancorp Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 - - - - -

Heritage NOLA Bancorp Accounts Receivable Calculation

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


Heritage NOLA 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.

Heritage NOLA Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.153*91
=0.00

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

Heritage NOLA Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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)
=(18.311+0.75 * 0+0.5 * 0-112.085
-0-0)/1.53021
=-61.28

* 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.


Heritage NOLA Bancorp Accounts Receivable Related Terms

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Heritage NOLA Bancorp Business Description

Traded in Other Exchanges
N/A
Address
205 North Columbia Street, Covington, LA, USA, 70433
Heritage NOLA Bancorp Inc is a banking company. Its services include personal banking, business banking, and loan facilities. The bank offers deposits, personal loans, mobile and online banking, trade finance, interest checking, foreign exchange, merchant, and other banking services.
Executives
Lisa B. Hughes officer: SVP and CFO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
W. David Crumhorn director, officer: Chairman, President and CEO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Dana Whitaker officer: EVP and CCO 205 NORTH COLUMBIA STREET COVINGTON LA 70433
William Thomas Ballantine director 7009 LONGVUS, MANDEVILLE LA 70448
Rodrigue Julian J. Jr. director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Jason S. Hunt director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Caruso Salvatore A. Jr. director 205 NORTH COLUMBIA STREET COVINGTON LA 70433
Elizabeth M. Eustis director 205 NORTH COLUMBIA STREET COVINGTON LA 70433