GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Third Century Bancorp (OTCPK:TDCB) » Definitions » Change In Receivables

Third Century Bancorp (Third Century Bancorp) Change In Receivables : $0.00 Mil (TTM As of Jun. 2007)


View and export this data going back to 2004. Start your Free Trial

What is Third Century Bancorp Change In Receivables?

Third Century Bancorp's change in receivables for the quarter that ended in Jun. 2007 was $0.00 Mil. It means Third Century Bancorp's Accounts Receivable stayed the same from Mar. 2007 to Jun. 2007 .

Third Century Bancorp's change in receivables for the fiscal year that ended in Dec. 2006 was $0.00 Mil. It means Third Century Bancorp's Accounts Receivable stayed the same from Dec. 2005 to Dec. 2006 .

Third Century Bancorp's Accounts Receivable for the quarter that ended in Jun. 2007 was $0.66 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. Third Century Bancorp's Days Sales Outstanding for the three months ended in Jun. 2007 was 42.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Third Century Bancorp's liquidation value for the three months ended in Jun. 2007 was $-106.59 Mil.


Third Century Bancorp Change In Receivables Historical Data

The historical data trend for Third Century 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.

Third Century Bancorp Change In Receivables Chart

Third Century Bancorp Annual Data
Trend Dec04 Dec05 Dec06
Change In Receivables
- - -

Third Century Bancorp Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Third Century 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 Jun. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Third Century Bancorp  (OTCPK:TDCB) 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.

Third Century Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.655/1.394*91
=42.88

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

Third Century Bancorp's liquidation value for the quarter that ended in Jun. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10.012-117.089+0.75 * 0.655+0.5 * 0
=-106.59

* 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.


Third Century Bancorp Change In Receivables Related Terms

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


Third Century Bancorp (Third Century Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
80 East Jefferson Street, Franklin, IN, USA, 46131
Third Century Bancorp operates as a holding company. It provides banking and financial services to individual and corporate customers. The bank offers a variety of deposit products, loans, mortgages, and other products.

Third Century Bancorp (Third Century Bancorp) Headlines