Mercer Bancorp (Mercer Bancorp) Accounts Receivable : $0.57 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mercer Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mercer Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $0.57 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mercer Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 36.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mercer Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-123.32.

Mercer Bancorp Accounts Receivable Historical Data

The historical data trend for Mercer 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.

Mercer Bancorp Accounts Receivable Chart

Mercer Bancorp Annual Data

Trend

Sep22

Sep23

Accounts Receivable

0.38

0.46

Mercer Bancorp Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial				0.43	0.42	0.46	0.53	0.57

Mercer Bancorp Accounts Receivable Calculation

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

Mercer 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.

Mercer 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
=	0.567	/	1.413	*	91
=	36.62

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

Mercer 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)
=	(19.496	+	0.75 * 0.567	+	0.5 * 0	-	146.075
-	0	-	0)	/	1.02297
=	-123.32

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.

Mercer Bancorp Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mercer Bancorp's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercer Bancorp (Mercer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercer Bancorp Inc (OTCPK:MSBB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Irmscher Boulevard, Celina, OH, USA, 45822

Website

https://www.mercersavings.com

Mercer Bancorp Inc operates as a full-service bank. It offers deposits, loans, and other services. The loan portfolio consists primarily of residential mortgage loans secured by one- to four-family residential properties and agricultural real estate loans secured by farmland located in primary market area.

Executives

Alvin B Parmiter	director, officer: President and CEO	425 MAIN STREET, CALDWELL OH 43724
Kristin M Fee	director	1100 IRMSCHER BLVD, CELINA OH 45822
Rick L Ross	officer: Treasurer	1100 IRMSCHER BLVD, CELINA OH 45822
Richard A Mosier	director	1100 IRMSCHER BLVD, CELINA OH 45822
Trever A Bransteter	officer: SVP, Lending	1100 IRMSCHER BLVD, CELINA OH 45822
Ryan Moorman	officer: SVP, Lending	1100 IRMSCHER BLVD, CELINA OH 45822
Timothy L Bigham	officer: SVP, Operations	1100 IRMSCHER BLVD, CELINA OH 45822
Jose W Faller	director	1100 IRMSCHER BLVD, CELINA OH 45822
Michael J Boley	director	1100 IRMSCHER BLVD, CELINA OH 45822
David L Keiser	director	1100 IRMSCHER BLVD, CELINA OH 45822

Mercer Bancorp (Mercer Bancorp) Headlines

No Headlines