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Southpoint Bancshares (Southpoint Bancshares) Accounts Receivable : $0.00 Mil (As of . 20)


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What is Southpoint Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Southpoint Bancshares's accounts receivables for the quarter that ended in . 20 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Southpoint Bancshares's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.


Southpoint Bancshares Accounts Receivable Historical Data

The historical data trend for Southpoint Bancshares'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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Southpoint Bancshares Accounts Receivable Chart

Southpoint Bancshares Annual Data
Trend
Accounts Receivable

Southpoint Bancshares Semi-Annual Data
Accounts Receivable

Southpoint Bancshares Accounts Receivable Calculation

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


Southpoint Bancshares 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.

Southpoint Bancshares's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Southpoint Bancshares's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Southpoint Bancshares Accounts Receivable Related Terms

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Southpoint Bancshares (Southpoint Bancshares) Business Description

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Traded in Other Exchanges
N/A
Address
3501 Grandview Parkway, Birmingham, AL, USA, 35243
SouthPoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly-owned subsidiary of the Bank.

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