GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northway Financial Inc (OTCPK:NWYF) » Definitions » Accounts Receivable

Northway Financial (Northway Financial) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Northway Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Northway Financial's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Northway Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Northway Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-329.20.


Northway Financial Accounts Receivable Historical Data

The historical data trend for Northway Financial'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.

Northway Financial Accounts Receivable Chart

Northway Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Northway Financial Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec08 Dec09 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 - - - - -

Northway Financial Accounts Receivable Calculation

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


Northway Financial 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.

Northway Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/37.522*91
=0.00

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

Northway Financial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(311.393+0.75 * 0+0.5 * 0-1217.23
-0-0)/2.75165
=-329.20

* 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.


Northway Financial Accounts Receivable Related Terms

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


Northway Financial (Northway Financial) Business Description

Traded in Other Exchanges
N/A
Address
3424 White Mountain Highway, North Conway, Conway, NH, USA, 03860
Northway Financial Inc is a bank holding company. The bank is engaged in the business of attracting deposits from the public and investing those deposits in securities, commercial loans, real estate loans, and consumer loans. It provides various products and services such as Personal checking, Debit cards, Online banking, Mobile Banking, Mortgages, Business Loans, Credit cards, Personal insurance, investments, and other related services.
Executives
Jeffrey D Smith officer: SVP-Chief Admin. Officer 2 ELM STREET / PO BOX 310, CAMDEN ME 04843
Fletcher W Adams director
Stephen G Boucher director
Richard P Orsillo officer: SVP & Chief Financial Officer
Richard T Brunelle officer: SVP Comm'l Loan Officer
William J Woodward director, officer: Chairman, President & CEO
John H Noyes director
Barry J Kelly director
John A Gobel officer: SVP/Senior Technology Officer PO BOX 69, FRANKFORT ME 04438
Mark C Bechtold officer: SVP/Sr HR Leadership Dev Off. 99 HYFIELD LANE, JEFFERSON NH 03583
John D Morris director