CCB (Coastal Financial) Change In Receivables : $-5.1 Mil (TTM As of Dec. 2024)

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What is Coastal Financial Change In Receivables?

Coastal Financial's change in receivables for the quarter that ended in Dec. 2024 was $1.9 Mil. It means Coastal Financial's Accounts Receivable declined by $1.9 Mil from Sep. 2024 to Dec. 2024 .

Coastal Financial's change in receivables for the fiscal year that ended in Dec. 2024 was $-5.1 Mil. It means Coastal Financial's Accounts Receivable increased by $5.1 Mil from Dec. 2023 to Dec. 2024 .

Coastal Financial's Accounts Receivable for the quarter that ended in Dec. 2024 was $35.2 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. Coastal Financial's Days Sales Outstanding for the three months ended in Dec. 2024 was 29.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Coastal Financial's liquidation value for the three months ended in Dec. 2024 was $-3,203.5 Mil.

Coastal Financial Change In Receivables Historical Data

The historical data trend for Coastal Financial'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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Coastal Financial Change In Receivables Chart

Coastal Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-1.10

-9.15

1.33

-5.05

Coastal Financial Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															-1.28	-1.15	-4.54	1.92	-

Coastal Financial 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.1 Mil.

Coastal Financial (NAS:CCB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	35.242	/	107.878	*	91
=	29.81

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

Coastal Financial'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)
=	452.548	-	3682.504	+	0.75 * 35.242	+	0.5 * 0
=	-3,203.5

Coastal Financial Change In Receivables Related Terms

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Coastal Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (NAS:CCB) » Definitions » Change In Receivables

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1VD:Germany

Address

5415 Evergreen Way, Everett, WA, USA, 98203

Website

https://www.coastalbank.com

Coastal Financial Corp is a bank holding company. Through its subsidiaries, the company conducts its business in three reportable segments which include, Community Bank, CCBX, and Treasury and Administration. The Community Bank segment includes all community banking activities, with a primary focus on providing various banking products and services to consumers and small to medium-sized businesses. The CCBX segment provides Banking as a Service (BaaS) that allows its broker dealers and digital financial service partners to offer their customers banking services, and the Treasury and administration segment includes treasury management, overall administration, and all other aspects of the company. The maximum revenue of the company is generated from the CCBX segment.

Executives

Gregory A Tisdel	director	5415 EVERGREEN WAY, EVERETT WA 98203
Eric M Sprink	director, officer: President & CEO	5415 EVERGREEN WAY, EVERETT WA 98203
Steven D Hovde	director	1110 LAKE COOK ROAD, SUITE 165, BUFFALO GROVE IL 60089
Joel G Edwards	officer: Chief Financial Officer	P O BOX 11628, TACOMA WA 984116628
Andrew P Skotdal	director	5415 EVERGREEN WAY, EVERETT WA 98203
John J Dickson	officer: Chief Operations Officer	C/O COASTAL FINANCIAL CORP, 5415 EVERGREEN WAY, EVERETT WA 98203
Russ A Keithley	officer: Chief Lending Officer	5415 EVERGREEN WAY, EVERETT WA 98203
Curt Queyrouze	officer: President	5415 EVERGREEN WAY, EVERETT WA 98203
Thomas D Lane	director	5415 EVERGREEN WAY, EVERETT WA 98203
Michael Robert Patterson	director	5415 EVERGREEN WAY, EVERETT WA 98203
Andrew R Dale	director	5415 EVERGREEN WAY, EVERETT WA 98203
Pamela Unger	director	5415 EVERGREEN WAY, EVERETT WA 98203
Rilla S Delorier	director	5415 EVERGREEN WAY, EVERETT WA 98203
Daniel J Lee	officer: EVP & Chief Credit & Risk Off.	5415 EVERGREEN WAY, EVERETT WA 98203
Sadhana Akella-mishra	director	5415 EVERGREEN WAY, EVERETT WA 98203