Pioneer Bancorp (Pioneer Bancorp) Change In Receivables : $-0.16 Mil (TTM As of Dec. 2023)

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What is Pioneer Bancorp Change In Receivables?

Pioneer Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-0.55 Mil. It means Pioneer Bancorp's Accounts Receivable increased by $0.55 Mil from Sep. 2023 to Dec. 2023 .

Pioneer Bancorp's change in receivables for the fiscal year that ended in Jun. 2023 was $-2.57 Mil. It means Pioneer Bancorp's Accounts Receivable increased by $2.57 Mil from Jun. 2022 to Jun. 2023 .

Pioneer Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.68 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. Pioneer Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pioneer Bancorp's liquidation value for the three months ended in Dec. 2023 was $-1,106.54 Mil.

Pioneer Bancorp Change In Receivables Historical Data

The historical data trend for Pioneer 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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Pioneer Bancorp Change In Receivables Chart

Pioneer Bancorp Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.52

0.91

-0.58

-2.57

Pioneer Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.63	-0.63	0.96	0.07	-0.55

Pioneer 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 $-0.16 Mil.

Pioneer Bancorp (NAS:PBFS) 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.

Pioneer 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
=	7.678	/	14.979	*	91
=	46.77

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

Pioneer 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)
=	456.793	-	1569.091	+	0.75 * 7.678	+	0.5 * 0
=	-1,106.54

Pioneer Bancorp Change In Receivables Related Terms

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Pioneer Bancorp (Pioneer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pioneer Bancorp Inc (NAS:PBFS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

652 Albany Shaker Road, Albany, NY, USA, 12211

Website

https://www.pioneerny.com

Pioneer Bancorp Inc is involved in providing banking services. These services include Personal services such as Checking, Savings, eBanking Cards, and Business services such as Business Deposit and operating Accounts, Business eBanking, and Business loans. Some of the other services of the company include Government Banking, Wealth Management, Benefits Consulting, and Insurance.

Executives

James Edward Murphy	officer: EVP and CCO	652 ALBANY-SHAKER RD, ALBANY NY 12211
Thomas Signor	officer: EVP and CAO	652 ALBANY-SHAKER RD, ALBANY NY 12211
Stacy Hengsterman	director	652 ALBANY-SHAKER ROAD, ALBANY NY 12211
Kelli Arnold	officer: EVP	652 ALBANY-SHAKER ROAD, ALBANY NY 12211
Robert James Nichols	officer: EVP and CCO	652 ALBANY-SHAKER ROAD, ALBANY NY 12211
James K Reed	director	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Frank C Sarratori	officer: EVP, CAO, GC & Corp. Sec.	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Jesse Tomczak	officer: EVP and CCEO	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Susan M Hollister	officer: EVP and CHRO	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Joseph A Fleming	officer: EVP and CLO	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Laura A Mazzara	officer: EVP and CRO	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Shaun Mahoney	director	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Edward Reinfurt	director	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Eileen C Bagnoli	director	652 ALBANY SHAKER ROAD, ALBANY NY 12211
Donald E Fane	director	652 ALBANY SHAKER ROAD, ALBANY NY 12211

Pioneer Bancorp (Pioneer Bancorp) Headlines

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