ATLO (Ames National) Change In Receivables: $-0.86 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ATLO Ames National Corp ATLO
60 GF Score
Price $29.57
GF Value $24.12
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ames National Change In Receivables?

Ames National ATLO +0.07% 60 Change In Receivables is $-0.86 Mil as of Mar. 2026. GuruFocus rates ATLO with a GF Score™ of 60/100 and a GF Value™ of $24.12 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Ames National's change in receivables for the quarter that ended in Mar. 2026 was $0.97 Mil. It means Ames National's Accounts Receivable declined by $0.97 Mil from Dec. 2025 to Mar. 2026 .

Ames National's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.20 Mil. It means Ames National's Accounts Receivable increased by $0.20 Mil from Dec. 2024 to Dec. 2025 .

Ames National's Accounts Receivable for the quarter that ended in Mar. 2026 was $13.10 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. Ames National's Days Sales Outstanding for the three months ended in Mar. 2026 was 65.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ames National's liquidation value for the three months ended in Mar. 2026 was $-1,112.74 Mil.

Ames National  (NAS:ATLO) 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.

Ames National's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.098/18.216*91
=65.61

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

Ames National's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=812.406-1934.969+0.75 * 13.098+0.5 * 0
=-1,112.74

* 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.

Ames National Change In Receivables Related Terms

Ames National Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ames National'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.

Ames National Change In Receivables Chart

Ames National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 -1.15 -1.68 -0.91 -0.20

Ames National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 0.07 -2.84 0.93 0.97 0.00
ATLO
60GF Score
Ames National Corp ATLO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ames National 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.86 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.86 Mil mean?
Ames National (ATLO) has a Change In Receivables of $-0.86 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ames National and its competitors.
Is Ames National's Change In Receivables too high?
Ames National's current Change In Receivables is $-0.86 Mil. Overall, Ames National has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ames National's Change In Receivables compare to HWBK and FFBB?
Ames National's Change In Receivables of $-0.86 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 Change In Receivables for a Banks company?
A good Change In Receivables depends on the Banks industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ames National and its competitors. Ames National's current Change In Receivables is $-0.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ames National stock overvalued right now?
Based on GuruFocus' analysis, Ames National (ATLO) is currently considered Modestly Overvalued. The stock's GF Value™ is $24.12, compared to a current price of $29.57 — trading 22.6% above its estimated fair value. The current Change In Receivables is $-0.86 Mil. Ames National's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Ames National (ATLO), the current Change In Receivables is $-0.86 Mil as of Mar. 2026. 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.

Is Ames National (ATLO) Overvalued in 2026?

Based on GuruFocus' analysis, Ames National stock appears to be overvalued. The current stock price of $29.57 is trading 22.6% above its estimated GF Value™ of $24.12. GuruFocus considers Ames National to be Modestly Overvalued.

Key valuation signals for ATLO:

  • Change In Receivables: $-0.86 Mil
  • GF Value™: $24.12 vs. price of $29.57 (22.6% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the ATLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ames National Business Description

Address 323 Sixth Street, Ames, IA, USA, 50010
Ames National Corporation is a bank holding company based in the United States. Through its subsidiaries, it provides a range of banking and other financial products and services to customers in Iowa, mainly in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union in central, north-central, and south-central Iowa. The Group offers several financial products and services, including checking and savings accounts, time deposits, commercial, construction, and agricultural loans, personal loans, lines of credit, cash management services, merchant credit card processing, safe deposit boxes, and ATM services, among others. It caters to the banking needs of a diverse range of customers, including individuals, businesses, professionals, and enterprises.
60GF Score

Get the complete analysis for ATLO

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.57
Price
$24.12
GF Value