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Cullman Bancorp (Cullman Bancorp) Accounts Receivable : $1.30 Mil (As of Mar. 2024)


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What is Cullman Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cullman Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $1.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cullman Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 30.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cullman Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-39.48.


Cullman Bancorp Accounts Receivable Historical Data

The historical data trend for Cullman Bancorp'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.

Cullman Bancorp Accounts Receivable Chart

Cullman Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 1.06 1.00 0.78 1.16 1.26

Cullman Bancorp Quarterly Data
Dec11 Mar12 Jun12 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 1.20 1.13 1.26 1.30

Cullman Bancorp Accounts Receivable Calculation

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


Cullman Bancorp 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.

Cullman 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
=1.299/3.91*91
=30.32

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

Cullman Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(31.55+0.75 * 1.299+0.5 * 0-319.397
-0-0)/7.26569
=-39.48

* 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.


Cullman Bancorp Accounts Receivable Related Terms

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Cullman Bancorp (Cullman Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
316 Second Avenue S.W, Cullman, AL, USA, 35055
Cullman Bancorp Inc through a subsidiary accepts deposits and offers one- to four-family residential real estate loans, commercial real estate loans and commercial and industrial loans and, to a lesser extent, construction loans, multi-family real estate loans and consumer loans. The revenue is derived principally from the interest on loans and securities, loan origination and servicing fees and fees levied on deposit accounts. Geographically the activities are carried out through the United States.
Executives
Paul D Bussman director 316 SECOND AVENUE S.W., CULLMAN AL 35055
Nancy Mcclellan director 316 SECOND AVENUE S.W., CULLMAN AL 35055
Riley John A Iii director, officer: President & CEO 316 SECOND AVENUE S.W., CULLMAN AL 35055
Robin Parson director, officer: Executive Vice President 316 SECOND AVENUE S.W., CULLMAN AL 35055
Lynne Morton director 316 SECOND AVENUE, SW, CULLMAN AL 35055
Katrina I Stephens officer: SVP and CFO 316 SECOND AVENUE, SW, CULLMAN AL 35055
T Aira Ugarkovich officer: EVP and COO 316 SECOND AVENUE, SW, CULLMAN AL 35055
Gregory T Barksdale director 316 SECOND AVENUE, SW, CULLMAN AL 35055
Chad T Burks director 316 SECOND AVENUE, SW, CULLMAN AL 35055

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