Republic First Bancorp (Republic First Bancorp) Change In Receivables : $-4.9 Mil (TTM As of Sep. 2022)

View and export this data going back to 1985. Start your Free Trial

What is Republic First Bancorp Change In Receivables?

Republic First Bancorp's change in receivables for the quarter that ended in Sep. 2022 was $-1.4 Mil. It means Republic First Bancorp's Accounts Receivable increased by $1.4 Mil from Jun. 2022 to Sep. 2022 .

Republic First Bancorp's change in receivables for the fiscal year that ended in Dec. 2021 was $0.3 Mil. It means Republic First Bancorp's Accounts Receivable declined by $0.3 Mil from Dec. 2020 to Dec. 2021 .

Republic First Bancorp's Accounts Receivable for the quarter that ended in Sep. 2022 was $18.8 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. Republic First Bancorp's Days Sales Outstanding for the three months ended in Sep. 2022 was 40.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Republic First Bancorp's liquidation value for the three months ended in Sep. 2022 was $-4,743.7 Mil.

Republic First Bancorp Change In Receivables Historical Data

The historical data trend for Republic First 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.

* Premium members only.

Republic First Bancorp Change In Receivables Chart

Republic First Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

Get a 7-Day Free Trial

-2.33

-5.05

-8.46

-7.85

0.28

Republic First Bancorp Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23
Change In Receivables	Get a 7-Day Free Trial															-1.12	-1.19	-1.25	-1.39	-

Republic First 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.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.9 Mil.

Republic First Bancorp (OTCPK:FRBK) 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.

Republic First Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.783	/	42.322	*	91
=	40.50

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

Republic First Bancorp's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1051.973	-	5809.796	+	0.75 * 18.783	+	0.5 * 0
=	-4,743.7

Republic First Bancorp Change In Receivables Related Terms

Thank you for viewing the detailed overview of Republic First Bancorp's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Republic First Bancorp (Republic First Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic First Bancorp Inc (OTCPK:FRBK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 South 16th Street, Philadelphia, PA, USA, 19102

Website

https://www.myrepublicbank.com

Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.

Executives

Michael W Harrington	officer: Chief Financial Officer	BRYN MAWR TRUST COMPANY, 801 LANCASTER AVENUE, BRYN MAWR PA 19010
Thomas X Geisel	director, officer: President and CEO	400 RELLA BOULEVARD, MONTEBELLO NY 10901
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Peter B Bartholow	director	2100 MCKINNEY AVE, STE 900, DALLAS TX 75201
Michael Laplante	officer: SVP/Chief Accounting Officer	191 NORTH ELM AVENUE, NEWTOWN PA 18940
Harry Madonna	director	C/O REPUBLIC FIRST BANK, 1608 WALNUT ST., PHILADELPHIA PA 19103
Jonathan D. Hill	officer: Interim CFO	C/O REPUBLIC FIRST BANCORP, INC., 50 S. 16TH STREET. SUITE 2400, PHILADELPHIA PA 19102
Jay M Neilon	officer: Chief Credit Officer	35 SKYLINE DRIVE, GLEN MILLS PA 19342
Andrew J Logue	officer: Chief Operations Officer	4 TUSCANY WAY, MT. LAUREL NJ 08054
Barry Spevak	director	1608 WALNUT STREET, SUITE 1000, PHILADELPHIA PA 19103
Flocco Theodore J Jr	director	11 BROOKWOOD ROAD, MT. LAUREL NJ 08054
Tracie Young	officer: Chief Risk Officer	50 S. 16TH STREET, SUITE 2400, PHILADELPHIA PA 19102
Harris Wildstein	director	1522 MEADOWBROOK RD, MEADOWBROOK PA 19046-1011
Frank A. Cavallaro	officer: Chief Financial Officer	132 YALE AVENUE, SOMERDALE NJ 08083
Hill Vernon W Ii	director	17000 HORIZON WAY, SUITE 100, MT. LAUREL NJ 08054