WCFB (WCF Bancorp) Accounts Receivable: $0.43 Mil (As of Dec. 2018)

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WCFB WCF Bancorp Inc WCFB
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What is WCF Bancorp Accounts Receivable?

WCF Bancorp WCFB 12 Accounts Receivable is $0.43 Mil as of Dec. 2018. GuruFocus rates WCFB with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WCF Bancorp's accounts receivables for the quarter that ended in Dec. 2018 was $0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WCF Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 25.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WCF Bancorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-22.45.


WCF Bancorp 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.

WCF Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.425/3.101*91
=25.01

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

WCF Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(51.75+0.75 * 0.425+0.5 * 0-109.594
-0-0)/2.562
=-22.45

* 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.


WCF Bancorp Accounts Receivable Related Terms


WCF Bancorp Accounts Receivable Historical Data

* Premium members only.

The historical data trend for WCF Bancorp'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.

WCF Bancorp Accounts Receivable Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.41 0.42 0.44 0.43

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
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 0.52 0.41 0.42 0.44 0.43
WCFB
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WCF Bancorp Inc WCFB
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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WCF Bancorp 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 $0.43 Mil mean?
WCF Bancorp (WCFB) has a Accounts Receivable of $0.43 Mil as of Dec. 2018. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on WCF Bancorp and its competitors.
Is WCF Bancorp's Accounts Receivable too high?
WCF Bancorp's current Accounts Receivable is $0.43 Mil. Overall, WCF Bancorp has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does WCF Bancorp's Accounts Receivable compare to FNFI and LBNW?
WCF Bancorp's Accounts Receivable of $0.43 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 WCF Bancorp and its competitors. WCF Bancorp's current Accounts Receivable is $0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WCF Bancorp stock overvalued right now?
WCF Bancorp (WCFB) has a current Accounts Receivable of $0.43 Mil. The current Accounts Receivable is $0.43 Mil. WCF Bancorp's overall GF Score™ is 12/100. 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 WCF Bancorp (WCFB), the current Accounts Receivable is $0.43 Mil as of Dec. 2018. 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.

WCF Bancorp Business Description

Address 401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company for WCF Financial Bank. The Bank has full-service offices in Webster City, Independence and Tama, Iowa. The primary business activities include accepting deposits from individual, corporate, and public clients and investing those deposits in real estate, agricultural, commercial, and personal loans. Its various banking and financial services and product offerings include credit and debit cards, loans, checking accounts, business loans, agricultural loans, business credit cards, and money market accounts, among others. The Bank provides banking services to its local respective markets.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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