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UBSI (United Bankshares) Accounts Receivable : $102 Mil (As of Dec. 2024)


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What is United Bankshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Bankshares's accounts receivables for the quarter that ended in Dec. 2024 was $102 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 35.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Bankshares's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-145.56.


United Bankshares Accounts Receivable Historical Data

The historical data trend for United Bankshares'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.

United Bankshares Accounts Receivable Chart

United Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.83 64.51 94.89 111.42 102.41

United Bankshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 111.42 113.82 110.04 107.03 102.41

United Bankshares Accounts Receivable Calculation

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


United Bankshares 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.

United Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=102.412/262.711*91
=35.57

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

United Bankshares'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)
=(5251.963+0.75 * 102.412+0.5 * 0-25030.322
-0-0)/135.347
=-145.56

* 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.


United Bankshares Accounts Receivable Related Terms

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United Bankshares Business Description

Traded in Other Exchanges
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
United Bankshares Inc is a financial holding company that provides banking services. The company operates in one segment: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services.
Executives
Mark R Nesselroad director 324 WEST RUN ROAD, MORGANTOWN WV 26505
J Paul Mcnamara director 514 MARKET STREET, PARKERSBURG WV 26101
Peter A Converse director 1201 NORTH NASH ST #502, ARLINGTON VA 22209
Gary G White director 514 MARKET STREET, PARKERSBURG WV 26101
Kayes Henry M Jr officer: EVP 122 NORTH ROSEMONT, MARTINSBURG WV 25401
Rice Lacy I Iii director 514 MARKET ST, PARKERSBURG WV 26101
Diana Lewis Jackson director 514 MARKET ST, PARKERSBURG WV 26101
Michael P Fitzgerald director C/O UNITED BANKSHARES, INC., 514 MARKET ST, PARKERSBURG WV 26101
Adams Richard M Sr director, officer: Chairman of the Board & CEO 514 MARKET STREET, PARKERSBURG WV 26101
Chad J Mildren officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Matthew L Humphrey officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Michael Proctor officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Anna J Schultheis officer: Executive Vice President 514 MARKET ST, PARKERSBURG WV 26101
Ami L Shaver officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Julie R Gurtis officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101