Servisfirst Bancshares (Servisfirst Bancshares) Change In Receivables : $-10.8 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Servisfirst Bancshares Change In Receivables?

Servisfirst Bancshares's change in receivables for the quarter that ended in Dec. 2023 was $-2.7 Mil. It means Servisfirst Bancshares's Accounts Receivable increased by $2.7 Mil from Sep. 2023 to Dec. 2023 .

Servisfirst Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.8 Mil. It means Servisfirst Bancshares's Accounts Receivable increased by $10.8 Mil from Dec. 2022 to Dec. 2023 .

Servisfirst Bancshares's Accounts Receivable for the quarter that ended in Dec. 2023 was $59.2 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. Servisfirst Bancshares's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Servisfirst Bancshares's liquidation value for the three months ended in Dec. 2023 was $-11,714.2 Mil.

Servisfirst Bancshares Change In Receivables Historical Data

The historical data trend for Servisfirst Bancshares'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.

Servisfirst Bancshares Change In Receivables Chart

Servisfirst Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-2.19

-10.58

2.01

-13.59

-10.76

Servisfirst Bancshares 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															-2.08	0.32	-6.32	-2.68	-

Servisfirst Bancshares 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 $-10.8 Mil.

Servisfirst Bancshares (NYSE:SFBS) 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.

Servisfirst Bancshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	59.181	/	94.218	*	91
=	57.32

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

Servisfirst Bancshares'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)
=	2930.696	-	14689.263	+	0.75 * 59.181	+	0.5 * 0
=	-11,714.2

Servisfirst Bancshares Change In Receivables Related Terms

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

Servisfirst Bancshares (Servisfirst Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Servisfirst Bancshares Inc (NYSE:SFBS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2500 Woodcrest Place, Birmingham, AL, USA, 35209

Website

https://www.servisfirstbank.com

Servisfirst Bancshares Inc is a bank holding company. It originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. The company offers a range of products and services which include telephone banking, direct deposit, Internet banking, mobile banking, boxes, and automatic account transfers.

Executives

Rodney Eldon Rushing	officer: EVP-Correspondent Banking	2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Kirk Pressley	officer: EVP, Strategic Planning	2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Thomas A Broughton	director, officer: President and CEO	4229 OLD BROOK TRAIL, BIRMINGHAM AL 35243
Irma Loya Tuder	director	116 CLIFTS COVE, MADISON AL 35758
Smith Hatton C.v.	director	160 CLEAGE DRIVE, BIRMINGHAM AL 35217
Elizabeth Bugg Holloway	director	7 MONTCREST DRIVE, BIRMINGHAM AL 35213
James J Filler	director	2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
William M Foshee	officer: EVP & CFO	5120 STRATFORD ROAD, BIRMINGHAM AL 35242
J. Richard Cashio	director	3200 STERLING ROAD, BIRMINGHAM AL 35213
Henry Fulbrook Abbott	officer: SVP, Chief Credit Officer	2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Andrew N Kattos	officer: EVP, Huntsville Pres. of Bank	P. O. BOX 18127, HUNTSVILLE AL 35804
G. Carlton Barker	officer: EVP, Montgomery Pres. of Bank	P. O. BOX 4008, MONTGOMERY AL 36104
Pouncey Clarence C. Iii	officer: Executive VP and COO	P. O. BOX 1508, BIRMINGHAM AL 35201-1508
Morris Buford Harrison Iii	officer: EVP - Regional CEO	3207 FOXRIDGE ROAD, DOTHAN AL 36303
Rex D Mckinney	officer: CEO - ServisFirst Bk Pensacola	SERVISFIRST BANK, 316 S BAYLEN ST, STE 100, PENSACOLA FL 35202