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NSTS Bancorp (NSTS Bancorp) Accounts Receivable : $0.84 Mil (As of Mar. 2024)


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What is NSTS Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NSTS Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $0.84 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NSTS Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NSTS Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.14.


NSTS Bancorp Accounts Receivable Historical Data

The historical data trend for NSTS 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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NSTS Bancorp Accounts Receivable Chart

NSTS Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.64 0.67 0.64 0.85 0.76

NSTS Bancorp Quarterly Data
Dec19 Jun20 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 0.81 0.82 0.81 0.76 0.84

NSTS Bancorp Accounts Receivable Calculation

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


NSTS 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.

NSTS 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
=0.841/1.987*91
=38.62

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

NSTS 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)
=(118.15+0.75 * 0.841+0.5 * 0-188.602
-0-0)/5.31526
=-13.14

* 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.


NSTS Bancorp Accounts Receivable Related Terms

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NSTS Bancorp (NSTS Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
700 S. Lewis Avenue, Waukegan, IL, USA, 60085
NSTS Bancorp Inc is a savings and loan holding company regulated Federal Reserve Board. The company was formed to serve as the North Shore Trust and Savings stock holding company. The Bank is a wholly-owned subsidiary of the company and operates as a traditional savings institution focused primarily on serving the banking needs of customers in our market area of Lake County, Illinois and adjacent communities.
Executives
Carissa H Schoolcraft officer: Chief Financial Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Kevin M Dolan director 3850 N CAUSEWAY BLVD STE 800, METAIRIE LA 70002
Nathan E Walker officer: President 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Amy L Avakian officer: Chief Lending Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Stephen G. Lear director, officer: Chief Executive Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas J Kneesel director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Rodney J, True director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Bond Thaddeus M. Jr. director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Apolonio Arenas director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas M Ivantic director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085

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