FRPC (First Republic of America) Change In Receivables: $-1.35 Mil (TTM As of Mar. 2004)

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What is First Republic of America Change In Receivables?

First Republic of America FRPC Change In Receivables is $-1.35 Mil as of Mar. 2004.

First Republic of America's change in receivables for the quarter that ended in Mar. 2004 was $0.29 Mil. It means First Republic of America's Accounts Receivable declined by $0.29 Mil from Dec. 2003 to Mar. 2004 .

First Republic of America's change in receivables for the fiscal year that ended in Jun. 2003 was $-0.89 Mil. It means First Republic of America's Accounts Receivable increased by $0.89 Mil from Jun. 2002 to Jun. 2003 .

First Republic of America's Accounts Receivable for the quarter that ended in Mar. 2004 was $4.55 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. First Republic of America's Days Sales Outstanding for the three months ended in Mar. 2004 was 35.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Republic of America's liquidation value for the three months ended in Mar. 2004 was $-29.78 Mil.

First Republic of America  (OTCPK:FRPC) 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.

First Republic of America's Days Sales Outstanding for the quarter that ended in Mar. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.553/11.849*91
=35.06

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

First Republic of America's liquidation value for the quarter that ended in Mar. 2004 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.669-36.7+0.75 * 4.553+0.5 * 3.673
=-29.78

* 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.

First Republic of America Change In Receivables Related Terms

First Republic of America Change In Receivables Historical Data

* Premium members only.

The historical data trend for First Republic of America'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.

First Republic of America Change In Receivables Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
Change In Receivables
-0.13 0.14 -0.89

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 -1.43 -0.33 0.12 0.29

First Republic of America 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.35 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 $-1.35 Mil mean?
First Republic of America (FRPC) has a Change In Receivables of $-1.35 Mil as of Mar. 2004. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for First Republic of America and its competitors.
Is First Republic of America's Change In Receivables too high?
First Republic of America's current Change In Receivables is $-1.35 Mil.
How does First Republic of America's Change In Receivables compare to competitors?
First Republic of America's Change In Receivables of $-1.35 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 First Republic of America and its competitors. First Republic of America's current Change In Receivables is $-1.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic of America stock overvalued right now?
First Republic of America (FRPC) has a current Change In Receivables of $-1.35 Mil. The current Change In Receivables is $-1.35 Mil. 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 First Republic of America (FRPC), the current Change In Receivables is $-1.35 Mil as of Mar. 2004. 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.