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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Penns Woods Bancorp's accounts receivables for the quarter that ended in Dec. 2024 was $11.11 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Penns Woods Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 55.50.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Penns Woods Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-238.89.
The historical data trend for Penns Woods 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.
Penns Woods Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial |
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8.39 | 8.05 | 9.48 | 11.04 | 11.11 |
Penns Woods Bancorp Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Accounts Receivable | Get a 7-Day Free Trial |
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11.34 | 11.28 | 11.43 | 11.11 | 10.87 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Penns Woods Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 11.114 | / | 18.273 | * | 91 |
= | 55.50 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Penns Woods Bancorp's accounts receivable are only considered to be worth 75% of book value:
Penns Woods Bancorp'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) | ||
= | (213.514 | + | 0.75 * 11.114 | + | 0.5 * 0 | - | 2027.107 |
- | 0 | - | 0) | / | 7.557 | ||
= | -238.89 |
* 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.
Thank you for viewing the detailed overview of Penns Woods Bancorp's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles E. Kranich | director | 1025 GREENBRIAR DRIVE, STATE COLLEGE PA 16801-6936 |
Aron M Carter | officer: Senior Vice President | 4 N. SCENIC DRIVE, ELYSBURG PA 17824 |
Casale Michael J Jr | director | 1761 MALVIN PLACE, WILLIAMSPORT PA 17701 |
Nestlerode R Edward Jr | director | 1445 WEST CARDINAL DRIVE, LOCK HAVEN PA 17745 |
Richard A Grafmyre | director, officer: President and CEO | 115 SKYWARD DRIVE, DANVILLE PA 17821 |
Brian L Knepp | officer: VP of Finance/Asst. Secretary | ONE STRAWBERRY LANE, MIDDLEBURG PA 17842 |
Michelle M Karas | officer: Chief Operating Officer | C/O PENNS WOODS BANCORP, INC., 300 MARKET STREET, WILLIAMSPORT PA 17703 |
Cameron Kephart | director | 300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703 |
William Edwards | director | 885 SHADE HOLLOW ROAD, MILL HALL PA 17751 |
Daniel K. Brewer | director | 23 LONG VIEW DRIVE, BLOOMSBURG PA 17815 |
Jack W. Jones | officer: CBO | 300 MARKET STREET, P. O. BOX 967, WILLIAMSPORT PA 17703 |
Robert Neher | officer: President Luzerne Bank | 300 MARKET STREET, P.O. BOX 967, WILLIAMSPORT PA 17703 |
Furey James M Ii | director | 299 LEHMAN DRIVE, COGAN STATION PA 17728 |
Nackley John G Sr | director | 559 LAKESIDE DRIVE, HARVEYS LAKE PA 18618 |
Joseph E Kluger | director | 1768 PENNS CROSSING, ALLENTOWN PA 18104 |
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