GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Liberty Bancorp Inc (OTCPK:LBCP) » Definitions » Accounts Receivable

Liberty Bancorp (Liberty Bancorp) Accounts Receivable : $1.51 Mil (As of Dec. 2009)


View and export this data going back to 2006. Start your Free Trial

What is Liberty Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Liberty Bancorp's accounts receivables for the quarter that ended in Dec. 2009 was $1.51 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Liberty Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2009 was 30.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Liberty Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2009 was $-89.49.


Liberty Bancorp Accounts Receivable Historical Data

The historical data trend for Liberty 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.

* Premium members only.

Liberty Bancorp Accounts Receivable Chart

Liberty Bancorp Annual Data
Trend Sep01 Sep02 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Accounts Receivable
Get a 7-Day Free Trial 1.09 1.49 2.06 1.64 1.56

Liberty Bancorp Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 1.90 1.60 1.68 1.56 1.51

Liberty Bancorp Accounts Receivable Calculation

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


Liberty 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.

Liberty Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.509/4.558*91
=30.21

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

Liberty Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2009 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)
=(37.781+0.75 * 1.509+0.5 * 0-361.947
-0-0)/3.60981
=-89.49

* 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.


Liberty Bancorp Accounts Receivable Related Terms

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


Liberty Bancorp (Liberty Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
16 West Franklin Street, Liberty, MO, USA, 64068
Liberty Bancorp, Inc. is a holding company for BankLiberty, which provides financial services to consumers and businesses within its market area.
Executives
Mark E Hecker officer: Sr. VP & Chief Lending Officer 16 WEST FRANKLIN STREET, LIBERTY MO 64068

Liberty Bancorp (Liberty Bancorp) Headlines

No Headlines