PFS Bancorp (PFS Bancorp) Accounts Receivable : $0.68 Mil (As of Mar. 2024)

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What is PFS Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PFS Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $0.68 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PFS Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 43.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PFS Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-44.10.

PFS Bancorp Accounts Receivable Historical Data

The historical data trend for PFS 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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PFS Bancorp Accounts Receivable Chart

PFS Bancorp Annual Data

Trend

Dec22

Dec23

Accounts Receivable

0.59

0.69

PFS Bancorp Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			0.59	-	0.51	0.69	0.68

PFS Bancorp Accounts Receivable Calculation

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

PFS 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.676	/	1.42	*	91
=	43.44

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

PFS Bancorp'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)
=	(86.902	+	0.75 * 0.676	+	0.5 * 0	-	161.725
-	0	-	0)	/	1.685
=	-44.10

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.

PFS Bancorp Accounts Receivable Related Terms

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PFS Bancorp (PFS Bancorp) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1730 Fourth Street, Peru, IL, USA, 61354

Website

https://www.perufederalsavings.com

PFS Bancorp Inc is a federal chartered mutual savings bank. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in northern Illinois, primarily LaSalle County, from its two facilities located in Peru, Illinois.

Executives

Jonathan F. Brandt	director, other: Vice Chairman of the Board	1730 FOURTH STREET, PERU IL 61354
Brady James J. Iv	director	1730 FOURTH STREET, PERU IL 61354
Cynthia L. Kurkowski	director	1730 FOURTH STREET, PERU IL 61354
Eric J. Heagy	director, officer: President/CEO/CFO/Treasurer	1730 FOURTH STREET, PERU IL 61354
Dale R. Tieman	director, officer: EVP/COO/Corporate Secretary	1730 FOURTH STREET, PERU IL 61354
Michael J. Rooney	director, other: Chairman of the Board	1730 FOURTH STREET, PERU IL 61354
Christopher J. Vaske	officer: SVP and CLO	1730 FOURTH STREET, PERU IL 61354

PFS Bancorp (PFS Bancorp) Headlines

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