Victory Bancorp (Victory Bancorp) Change In Receivables : $0.00 Mil (TTM As of Mar. 2024)

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What is Victory Bancorp Change In Receivables?

Victory Bancorp's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Victory Bancorp's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Victory Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $19.86 Mil. It means Victory Bancorp's Accounts Receivable declined by $19.86 Mil from Dec. 2022 to Dec. 2023 .

Victory Bancorp's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.72 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. Victory Bancorp's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Victory Bancorp's liquidation value for the three months ended in Mar. 2024 was $-410.59 Mil.

Victory Bancorp Change In Receivables Historical Data

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

Victory Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.10

-0.38

0.05

-20.43

19.86

Victory Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Victory 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Victory Bancorp (OTCPK:VTYB) 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.

Victory Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.723	/	3.298	*	91
=	47.67

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

Victory Bancorp's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.282	-	422.162	+	0.75 * 1.723	+	0.5 * 0
=	-410.59

Victory Bancorp Change In Receivables Related Terms

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Victory Bancorp (Victory Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Victory Bancorp Inc (OTCPK:VTYB) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468

Website

https://www.victorybank.com

Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.