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PB Bankshares (PB Bankshares) Accounts Receivable : $1.55 Mil (As of Mar. 2024)


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What is PB Bankshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PB Bankshares's accounts receivables for the quarter that ended in Mar. 2024 was $1.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PB Bankshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PB Bankshares's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-127.30.


PB Bankshares Accounts Receivable Historical Data

The historical data trend for PB Bankshares'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.

PB Bankshares Accounts Receivable Chart

PB Bankshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.51 0.85 0.85 1.12 1.25

PB Bankshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only 1.13 1.16 1.33 1.25 1.55

PB Bankshares Accounts Receivable Calculation

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


PB Bankshares 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.

PB Bankshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.545/2.778*91
=50.75

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

PB Bankshares'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)
=(91.763+0.75 * 1.545+0.5 * 0-403.665
-0-0)/2.44111
=-127.30

* 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.


PB Bankshares Accounts Receivable Related Terms

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PB Bankshares (PB Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
185 East Lincoln Highway, Coatesville, PA, USA, 19320
PB Bankshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. Its business consists of attracting retail and commercial deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in commercial real estate loans, commercial and industrial loans, construction, home equity lines of credit and to a lesser extent, one- to four-family residential real estate loans and consumer loans.
Executives
Janak M Amin director, officer: President and CEO 4981 SADDLE BROOK DRIVE, HARRISBURG PA 17112
William H Sayre officer: EVP, Chief Credit/Risk Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Lindsay S Bixler officer: Chief Financial Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Joseph W Carroll director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Douglas L Byers officer: Chief Banking Officer 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry Witt officer: Chief Info. & Oper. Officer 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Bony Dawood director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
R Cheston Woolard director 185 EAST LINCOLN HIGHWAY, COATESVILLE PA 19320
Jane B Tompkins director 20 SOUTH MAIN STREET, CHAMBERSBURG PA 17201
Spencer J Andress director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Pinno John V Iii director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Thomas R Greenfield director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Larry J Constable director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320
Mary Joye Wentz director 185 E. LINCOLN HIGHWAY, COATESVILLE PA 19320

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