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Provident Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-0.51 Mil. It means Provident Bancorp's Accounts Receivable increased by $0.51 Mil from Sep. 2023 to Dec. 2023 .
Provident Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $0.51 Mil. It means Provident Bancorp's Accounts Receivable declined by $0.51 Mil from Dec. 2022 to Dec. 2023 .
Provident Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $6.09 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. Provident Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.43.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Provident Bancorp's liquidation value for the three months ended in Dec. 2023 was $-1,194.94 Mil.
The historical data trend for Provident 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.
Provident Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -0.22 | -3.27 | 0.67 | -0.89 | 0.51 |
Provident 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 | -0.62 | 0.76 | 0.83 | -0.58 | -0.51 |
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 $0.51 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.
Provident Bancorp (NAS:PVBC) 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.
Provident 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 |
= | 6.09 | / | 14.847 | * | 91 |
= | 37.43 |
2. In Ben Graham's calculation of liquidation value, Provident Bancorp's accounts receivable are only considered to be worth 75% of book value:
Provident 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) |
= | 248.903 | - | 1448.407 | + | 0.75 * 6.09 | + | 0.5 * 0 |
= | -1,194.94 |
* 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.
Thank you for viewing the detailed overview of Provident Bancorp's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Stilwell | 10 percent owner | 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006 |
Stilwell Activist Investments, L.p. | 10 percent owner | 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006 |
Stilwell Activist Fund, L.p. | 10 percent owner | 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006 |
Stilwell Value Llc | 10 percent owner | 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006 |
Stilwell Partners L P | 10 percent owner | 111 BROADWAY, 12TH FL., NEW YORK NY 10006 |
Kathleen Chase Curran | director | 5 MARKET STREET, AMESBURY MA 01913 |
Carol L Houle | officer: Co-President, Co-CEO and CFO | 5 MARKET STREET, AMESBURY MA 01913 |
Barbara Piette | director | 5 MARKET STREET, AMESBURY MA 01913 |
Laurie H Knapp | director | 5 MARKET STREET, AMESBURY MA 01913 |
Joseph Mancini | officer: Chief Operating Officer | 5 MARKET STREET, AMESBURY MA 01913 |
Mohammad Shaikh | director | 5 MARKET STREET, AMESBURY MA 01913 |
Cousins Frank G Jr | director | 5 MARKET STREET, AMESBURY MA 01913 |
James A Deleo | director | 5 MARKET STREET, AMESBURY MA 01913 |
Jay E Gould | director | 5 MARKET STREET, AMESBURY MA 01913 |
Lisa Destefano | director | 5 MARKET STREET, AMESBURY MA 01913 |
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