GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Touchmark Bancshares Inc (OTCPK:TMAK) » Definitions » Accounts Receivable

Touchmark Bancshares (Touchmark Bancshares) Accounts Receivable : $0.39 Mil (As of Jun. 2012)


View and export this data going back to 2008. Start your Free Trial

What is Touchmark Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Touchmark Bancshares's accounts receivables for the quarter that ended in Jun. 2012 was $0.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Touchmark Bancshares's Days Sales Outstanding for the quarter that ended in Jun. 2012 was 21.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Touchmark Bancshares's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was $-26.69.


Touchmark Bancshares Accounts Receivable Historical Data

The historical data trend for Touchmark 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.

* Premium members only.

Touchmark Bancshares Accounts Receivable Chart

Touchmark Bancshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
- 0.43 0.54 0.64 0.43

Touchmark Bancshares Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 0.54 0.44 0.43 0.47 0.39

Touchmark Bancshares Accounts Receivable Calculation

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


Touchmark 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.

Touchmark Bancshares's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.389/1.671*91
=21.24

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

Touchmark Bancshares's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2012 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)
=(12.34+0.75 * 0.389+0.5 * 0-105.134
-0-0)/3.46539
=-26.69

* 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.


Touchmark Bancshares Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Touchmark Bancshares's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Touchmark Bancshares (Touchmark Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
3651 Old Milton Parkway, Alpharetta, GA, USA, 30005
Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. The services offered by the company include acceptance of deposits for demand, savings, commercial, and real estate lending, personal loans, and installment loans. It also provides online banking services, Remote Deposit Capture, credit cards, and merchant services.
Executives
Howard R. Greenfield director 3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092

Touchmark Bancshares (Touchmark Bancshares) Headlines

No Headlines