Kentucky Bancshares (Kentucky Bancshares) Change In Receivables : $-0.70 Mil (TTM As of Mar. 2021)

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What is Kentucky Bancshares Change In Receivables?

Kentucky Bancshares's change in receivables for the quarter that ended in Mar. 2021 was $0.52 Mil. It means Kentucky Bancshares's Accounts Receivable declined by $0.52 Mil from Dec. 2020 to Mar. 2021 .

Kentucky Bancshares's change in receivables for the fiscal year that ended in Dec. 2020 was $-1.06 Mil. It means Kentucky Bancshares's Accounts Receivable increased by $1.06 Mil from Dec. 2019 to Dec. 2020 .

Kentucky Bancshares's Accounts Receivable for the quarter that ended in Mar. 2021 was $4.71 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. Kentucky Bancshares's Days Sales Outstanding for the three months ended in Mar. 2021 was 34.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kentucky Bancshares's liquidation value for the three months ended in Mar. 2021 was $-710.35 Mil.

Kentucky Bancshares Change In Receivables Historical Data

The historical data trend for Kentucky Bancshares'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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Kentucky Bancshares Change In Receivables Chart

Kentucky Bancshares Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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-0.03

-0.24

-0.20

-0.02

-1.06

Kentucky Bancshares Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Receivables	Get a 7-Day Free Trial															0.16	-0.98	-0.05	-0.19	0.52

Kentucky Bancshares 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.70 Mil.

Kentucky Bancshares (OTCPK:KTYB) 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.

Kentucky Bancshares's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.706	/	12.367	*	91
=	34.72

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

Kentucky Bancshares's liquidation value for the quarter that ended in Mar. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	433.17	-	1147.05	+	0.75 * 4.706	+	0.5 * 0
=	-710.35

Kentucky Bancshares Change In Receivables Related Terms

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Kentucky Bancshares (Kentucky Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kentucky Bancshares Inc (OTCPK:KTYB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 157, Paris, KY, USA, 40362-0157

Website

https://www.kybank.com

Kentucky Bancshares Inc is a bank holding company. It is engaged in providing general full-service commercial and consumer banking services which include agricultural, construction, consumer, mortgage, and commercial loan services. A significant part of its operating activities includes originating loans. The company offers its customers a range of other services, including checking, savings, money market accounts, certificates of deposits (CDs), safe deposit facilities, credit cards, and other consumer-oriented financial services. It also provides brokerage services, wealth management services and long-term care insurance. Its largest part of the revenue is generated from net interest income.

Executives

Louis Prichard	director, officer: President, CEO	PO BOX 157 PARIS KY 40362-0157
James B Braden	officer: Ex VP, Chief Operations Off	PO BOX 157 PARIS KY 40362-0157
James L Elliott	officer: Sr VP, Director of Wealth Mgmt	PO BOX 157 PARIS KY 40362-0157
Chris Gorley	officer: Sr VP, Operations	PO BOX 157 PARIS KY 40362-0157
Shane Foley	officer: EVP, Director of Retail Bankin	PO BOX 157 PARIS KY 40362-0157
Norman J Fryman	officer: Ex VP, Chief Credit Officer	PO BOX 157 PARIS KY 40362-0157
Brenda S Bragonier	officer: Sr VP, Dir of Marketing	PO BOX 157 PARIS KY 40362-0157
Gregory J Dawson	officer: Sr VP, CFO	PO BOX 157 PARIS KY 40362-0157
Carol A Caskey	officer: Sr VP, Human Resources	PO BOX 157 PARIS KY 40362-0157
John Theodore Mcclain	director	PO BOX 157 PARIS KY 40362-0157
Shannon Bishop Arvin	director	PO BOX 157, PARIS KY 40362-0157
Mary Mcdowell Hoskins	director	PO BOX 157 PARIS KY 40362-0157
Jack W Omohundro	director	PO BOX 157 PARIS KY 40362-0157
Edwin S Saunier	director	PO BOX 157, PARIS KY 40362-0157
Robert G Thompson	director	PO BOX 157 PARIS KY 40362-0157

Kentucky Bancshares (Kentucky Bancshares) Headlines

From GuruFocus

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Kentucky Bancshares, Inc. Buyout

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