Western New England Bancorp (Western New England Bancorp) Change In Receivables : $-0.39 Mil (TTM As of Dec. 2023)

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What is Western New England Bancorp Change In Receivables?

Western New England Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-0.25 Mil. It means Western New England Bancorp's Accounts Receivable increased by $0.25 Mil from Sep. 2023 to Dec. 2023 .

Western New England Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.39 Mil. It means Western New England Bancorp's Accounts Receivable increased by $0.39 Mil from Dec. 2022 to Dec. 2023 .

Western New England Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $8.53 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. Western New England Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Western New England Bancorp's liquidation value for the three months ended in Dec. 2023 was $-2,157.80 Mil.

Western New England Bancorp Change In Receivables Historical Data

The historical data trend for Western New England 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.

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Western New England Bancorp Change In Receivables Chart

Western New England Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.34

-3.16

0.70

-0.37

-0.39

Western New England Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.13	0.20	-0.47	-0.25	-

Western New England 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 Mil.

Western New England Bancorp (NAS:WNEB) 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.

Western New England Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.528	/	18.89	*	91
=	41.20

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

Western New England Bancorp's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	162.964	-	2327.162	+	0.75 * 8.528	+	0.5 * 0
=	-2,157.80

Western New England Bancorp Change In Receivables Related Terms

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Western New England Bancorp (Western New England Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Western New England Bancorp Inc (NAS:WNEB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

489:Germany

Address

141 Elm Street, Westfield, MA, USA, 01085

Website

https://www.westfieldbank.com

Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.

Executives

Steven G. Richter	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01144
Miles Allen J Iii	officer: EVP & Senior Lender	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Filipe B Goncalves	officer: SVP & Associate CCO	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Laura Benoit	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
John E Bonini	officer: SVP, General Counsel	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Kevin C O'connor	officer: EVP & Chief Banking Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Guida R Sajdak	officer: EVP & Chief Financial Officer	70 CENTER STREET, CHICOPEE MA 01013
James C Hagan	director, officer: President and CEO	C/O WESTFIELD FINANCIAL INC, 141 ELM STREET, WESTFIELD MA 01085
Daniel A Marini	officer: SVP Retail Banking & Marketing	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Gorman Louis O Iii	officer: SVP & Chief Credit Officer	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Philip R Smith	director	C/O WESTFIELD FINANCIAL, INC., 141 ELM STREET, WESTFIELD MA 01085
Darlene M Libiszewski	officer: SVP, Chief Information Officer	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01085
Christine Phillips	officer: SVP, HR Director	C/O WESTERN NEW ENGLAND BANCORP, INC., 141 ELM STREET, WESTFIELD MA 01086
Gregg F Orlen	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013
William D Masse	director	C/O CHICOPEE BANCORP INC., 70 CENTER STREET, CHICOPEE MA 01013