ASCN (Absecon Bancorp) Change In Receivables : $0.43 Mil (TTM As of Dec. 2024)

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What is Absecon Bancorp Change In Receivables?

Absecon Bancorp's change in receivables for the quarter that ended in Dec. 2024 was $0.43 Mil. It means Absecon Bancorp's Accounts Receivable declined by $0.43 Mil from Dec. 2023 to Dec. 2024 .

Absecon Bancorp's change in receivables for the fiscal year that ended in Dec. 2024 was $0.43 Mil. It means Absecon Bancorp's Accounts Receivable declined by $0.43 Mil from Dec. 2023 to Dec. 2024 .

Absecon Bancorp's Accounts Receivable for the quarter that ended in Dec. 2024 was $0.00 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. Absecon Bancorp's Days Sales Outstanding for the six months ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Absecon Bancorp's liquidation value for the six months ended in Dec. 2024 was $-154.84 Mil.

Absecon Bancorp Change In Receivables Historical Data

The historical data trend for Absecon Bancorp'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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Absecon Bancorp Change In Receivables Chart

Absecon Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-0.07

-0.53

0.26

0.06

0.43

Absecon Bancorp Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Change In Receivables	Get a 7-Day Free Trial			-0.07	-0.53	0.26	0.06	0.43

Absecon Bancorp 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2024 was $0.43 Mil.

Absecon Bancorp (OTCPK:ASCN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	7.303	*	91
=	0.00

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

Absecon Bancorp's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	23.583	-	178.42	+	0.75 * 0	+	0.5 * 0
=	-154.84

Absecon Bancorp Change In Receivables Related Terms

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Absecon Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absecon Bancorp (OTCPK:ASCN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

106 New Jersey Avenue, Absecon, NJ, USA, 08201-2409

Website

https://www.fnbabsecon.com

Absecon Bancorp is engaged in providing financial products and services to individual and corporate customers in southern New Jersey. The principal business of the Bank consists of attracting deposits and applying those funds to the purchase of investments and the origination of loans. The Bank's income is derived principally from interest and dividends on investments and interest and fees earned in connection with its lending activities.

Absecon Bancorp Headlines

From GuruFocus

Absecon Bancorp Announces Special Cash Dividend of $3.00 Per Share along with an Annual Cash Dividend of $2.00 Per Share

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