American Church Mortgage Co (American Church Mortgage Co) Change In Receivables : $-1.53 Mil (TTM As of Jun. 2022)

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What is American Church Mortgage Co Change In Receivables?

American Church Mortgage Co's change in receivables for the quarter that ended in Jun. 2022 was $-1.54 Mil. It means American Church Mortgage Co's Accounts Receivable increased by $1.54 Mil from Mar. 2022 to Jun. 2022 .

American Church Mortgage Co's change in receivables for the fiscal year that ended in Dec. 2021 was $0.17 Mil. It means American Church Mortgage Co's Accounts Receivable declined by $0.17 Mil from Dec. 2020 to Dec. 2021 .

American Church Mortgage Co's Accounts Receivable for the quarter that ended in Jun. 2022 was $1.72 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. American Church Mortgage Co's liquidation value for the three months ended in Jun. 2022 was $4.46 Mil.

American Church Mortgage Co Change In Receivables Historical Data

The historical data trend for American Church Mortgage Co's Change In Receivables 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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American Church Mortgage Co Change In Receivables Chart

American Church Mortgage Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-0.04

0.13

-0.03

0.17

American Church Mortgage Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Change In Receivables	Get a 7-Day Free Trial															0.13	-	0.02	-0.01	-1.54

American Church Mortgage Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.53 Mil.

American Church Mortgage Co (OTCPK:ACMC) Change In Receivables 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 Receivable are being managed.

American Church Mortgage Co's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.721	/	-2.079	*	91
=

2. In Ben Graham's calculation of liquidation value, American Church Mortgage Co's accounts receivable are only considered to be worth 75% of book value:

American Church Mortgage Co's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.188	-	0.02	+	0.75 * 1.721	+	0.5 * 0
=	4.46

American Church Mortgage Co Change In Receivables Related Terms

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American Church Mortgage Co (American Church Mortgage Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Church Mortgage Co (OTCPK:ACMC) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343

Website

https://church-loans.squarespace.com

American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.

Executives

Philip J. Myers	director, officer: Chairman, President, Secretary	10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis	other: VP & Secretary of Advisor	10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist	director	18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

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