Endeavor Bancorp (Endeavor Bancorp) Accounts Receivable : $1.71 Mil (As of Mar. 2024)

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What is Endeavor Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Endeavor Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $1.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Endeavor Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 30.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Endeavor Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-118.94.

Endeavor Bancorp Accounts Receivable Historical Data

The historical data trend for Endeavor 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.

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Endeavor Bancorp Accounts Receivable Chart

Endeavor Bancorp Annual Data

Trend

Dec18

Dec19

Dec21

Dec22

Dec23

Accounts Receivable

0.51

0.76

1.66

1.87

3.03

Endeavor Bancorp Quarterly Data
	Dec19	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial					1.22	1.19	1.40	3.03	1.71

Endeavor Bancorp Accounts Receivable Calculation

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

Endeavor 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.

Endeavor 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
=	1.712	/	5.179	*	91
=	30.16

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

Endeavor 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)
=	(106.247	+	0.75 * 1.712	+	0.5 * 0	-	522.684
-	0	-	0)	/	3.49044
=	-118.94

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.

Endeavor Bancorp Accounts Receivable Related Terms

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Endeavor Bancorp (Endeavor Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Endeavor Bancorp (OTCPK:EDVR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 B Street, Suite 3110, San Diego, CA, USA, 92101

Website

https://www.bankendeavor.com

Endeavor Bancorp provides banking services. It offers business services that include business checking accounts, business money market accounts, and others, personal services consists of personal checking accounts, personal saving accounts, and others, Digital banking comprises of Mobile banking, Pay bills, Positive Pay and other related services, and loan services consists of Working Capital Revolving Lines of Credit, Equipment and Fixed Asset Term Loans, and others.

Endeavor Bancorp (Endeavor Bancorp) Headlines

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