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RCBC (River City Bank) Accounts Receivable : $0.0 Mil (As of Dec. 2022)


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What is River City Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. River City Bank's accounts receivables for the quarter that ended in Dec. 2022 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. River City Bank's Days Sales Outstanding for the quarter that ended in Dec. 2022 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. River City Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-2,421.26.


River City Bank Accounts Receivable Historical Data

The historical data trend for River City Bank'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.

River City Bank Accounts Receivable Chart

River City Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
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River City Bank Semi-Annual Data
Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

River City Bank Accounts Receivable Calculation

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


River City Bank 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.

River City Bank's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/118.557*91
=0.00

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

River City Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(146.591+0.75 * 0+0.5 * 0-3688.331
-0-0)/1.46277
=-2,421.26

* 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.


River City Bank Accounts Receivable Related Terms

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River City Bank Business Description

Traded in Other Exchanges
N/A
Address
2480 Natomas Park Drive, Sacramento, CA, USA, 95833
River City Bank is a California state-chartered bank engaged in providing a range of banking services to individuals and businesses in California. The company's primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are commercial real estate, commercial, agriculture, residential mortgage, and consumer loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate in the Western United States.