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Mid-Southern Bancorp (Mid-Southern Bancorp) Accounts Receivable : $1.22 Mil (As of Jun. 2023)


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What is Mid-Southern Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mid-Southern Bancorp's accounts receivables for the quarter that ended in Jun. 2023 was $1.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mid-Southern Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 49.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mid-Southern Bancorp's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-43.77.


Mid-Southern Bancorp Accounts Receivable Historical Data

The historical data trend for Mid-Southern 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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Mid-Southern Bancorp Accounts Receivable Chart

Mid-Southern Bancorp Annual Data
Trend Sep02 Dec03 Dec04 Dec05 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.87 0.90 1.00 1.32

Mid-Southern Bancorp Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.20 1.08 1.32 1.04 1.22

Mid-Southern Bancorp Accounts Receivable Calculation

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


Mid-Southern 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.

Mid-Southern Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.215/2.225*91
=49.83

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

Mid-Southern Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(105.009+0.75 * 1.215+0.5 * 0-232.187
-0-0)/2.88504
=-43.77

* 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.


Mid-Southern Bancorp Accounts Receivable Related Terms

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Mid-Southern Bancorp (Mid-Southern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
300 North Water Street, Salem, IN, USA, 47167
Mid-Southern Bancorp Inc is a United States-based savings and loan holding company of Mid-Southern Savings Bank. It is engaged in providing a variety of banking services to individuals and business customers. The bank offers personal banking and business banking services. Its services portfolio comprises checking, savings, card services, and loan products. It also offers online and mobile banking facilities. The company derives revenue from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.
Executives
Eric A. Koch director 300 N. WATER STREET, SALEM IN 47167
James O. King officer: EVP and Senior Loan Officer 300 N. WATER ST., SALEM IN 47167
Robert W. Derossett officer: Chief Financial Officer 300 NORTH WATER STREET, SALEM IN 47167
Alexander G. Babey director, officer: President and CEO 300 NORTH WATER STREET, SALEM IN 47167
Charles W. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Erica B. Schmidt officer: Executive VP and CFO 300 NORTH WATER STREET, SALEM IN 47167
Trent L. Fisher director 300 NORTH WATER STREET, SALEM IN 47167
Frank M. Benson officer: Executive VP, SLO 300 NORTH WATER STREET, SALEM IN 47167
Larry R. Bailey director 300 NORTH WATER STREET, SALEM IN 47167
Brent A. Rosenbaum director 300 NORTH WATER STREET, SALEM IN 47167
Dana J. Dunbar director, other: Chairman of the Board 300 NORTH WATER STREET, SALEM IN 47167
Kermit A. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Paul G. Allemeier director 300 NORTH WATER STREET, SALEM IN 47167