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Avidbank Holdings (Avidbank Holdings) Accounts Receivable : $28.98 Mil (As of Dec. 2019)


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What is Avidbank Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avidbank Holdings's accounts receivables for the quarter that ended in Dec. 2019 was $28.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Avidbank Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2019 was 111.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Avidbank Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-133.34.


Avidbank Holdings Accounts Receivable Historical Data

The historical data trend for Avidbank Holdings's Accounts Receivable 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.

Avidbank Holdings Accounts Receivable Chart

Avidbank Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.30 12.84 13.60 15.53 28.98

Avidbank Holdings Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.30 12.84 13.60 15.53 28.98

Avidbank Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Avidbank Holdings Accounts Receivable 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 receivables are being managed.

Avidbank Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.976/47.453*91
=111.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Avidbank Holdings's accounts receivable are only considered to be worth 75% of book value:

Avidbank Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(204.862+0.75 * 28.976+0.5 * 0-1015.162
-0-0)/5.914
=-133.34

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Avidbank Holdings Accounts Receivable Related Terms

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Avidbank Holdings (Avidbank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1732 North 1st Street, 6th Floor, San Jose, CA, USA, 95112
Avidbank Holdings Inc is a full-service commercial bank. It offers various services such as commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction, and commercial real estate lending.