SRCE (1st Source) Accounts Receivable: $34.7 Mil (As of Jun. 2026)

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SRCE 1st Source Corp SRCE
67 GF Score
Price $86.41
GF Value $71.19
Valuation Modestly Overvalued
! 7 Warning Signs
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What is 1st Source Accounts Receivable?

1st Source SRCE -0.09% 67 Accounts Receivable is $34.7 Mil as of Jun. 2026. GuruFocus rates SRCE with a GF Score™ of 67/100 and a GF Value™ of $71.19 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 1st Source's accounts receivables for the quarter that ended in Jun. 2026 was $34.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 1st Source's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 26.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 1st Source's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-275.18.


1st Source 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.

1st Source's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=34.653/118.161*91
=26.76

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 1st Source's accounts receivable are only considered to be worth 75% of book value:

1st Source's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(1299.826+0.75 * 34.653+0.5 * 0-7909.993
-0-42.792)/24.082
=-275.18

* 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.


1st Source Accounts Receivable Related Terms


1st Source Accounts Receivable Historical Data

* Premium members only.

The historical data trend for 1st Source'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.

1st Source Accounts Receivable Chart

1st Source Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

1st Source Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 32.37 32.14 0.00 34.44 34.65
SRCE
67GF Score
1st Source Corp SRCE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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1st Source Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $34.7 Mil mean?
1st Source (SRCE) has a Accounts Receivable of $34.7 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on 1st Source and its competitors.
Is 1st Source's Accounts Receivable too high?
1st Source's current Accounts Receivable is $34.7 Mil. Overall, 1st Source has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1st Source's Accounts Receivable compare to HAPN and FCF?
1st Source's Accounts Receivable of $34.7 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Banks company?
A good Accounts Receivable depends on the Banks industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on 1st Source and its competitors. 1st Source's current Accounts Receivable is $34.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1st Source stock overvalued right now?
Based on GuruFocus' analysis, 1st Source (SRCE) is currently considered Modestly Overvalued. The stock's GF Value™ is $71.19, compared to a current price of $86.41 — trading 21.4% above its estimated fair value. The current Accounts Receivable is $34.7 Mil. 1st Source's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For 1st Source (SRCE), the current Accounts Receivable is $34.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 1st Source (SRCE) Overvalued in 2026?

Based on GuruFocus' analysis, 1st Source stock appears to be overvalued. The current stock price of $86.41 is trading 21.4% above its estimated GF Value™ of $71.19. GuruFocus considers 1st Source to be Modestly Overvalued.

Key valuation signals for SRCE:

  • Accounts Receivable: $34.7 Mil
  • GF Value™: $71.19 vs. price of $86.41 (21.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the SRCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


1st Source Business Description

Address 100 North Michigan Street, South Bend, IN, USA, 46601
1st Source Corp provides specialized financing services for construction equipment, aircraft, and vehicle types through its Specialty Finance activities. The company offers commercial, small business, agricultural, and real estate loans, along with commercial leasing, treasury management, and payment services, including Fedwires, ACH, and merchant services. It also provides Renewable Energy Financing for commercial solar projects, a full range of consumer banking products, Trust and Wealth Advisory Services, and insurance products. The company operates in the commercial banking segment, which provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients across its markets.
67GF Score

Get the complete analysis for SRCE

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$86.41
Price
$71.19
GF Value