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Pioneer Bankcorp (Pioneer Bankcorp) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Pioneer Bankcorp Accounts Receivable?

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

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pioneer Bankcorp's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.


Pioneer Bankcorp Accounts Receivable Historical Data

The historical data trend for Pioneer Bankcorp'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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Pioneer Bankcorp Accounts Receivable Chart

Pioneer Bankcorp Annual Data
Trend
Accounts Receivable

Pioneer Bankcorp Semi-Annual Data
Sep22 Sep23
Accounts Receivable - -

Pioneer Bankcorp Accounts Receivable Calculation

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


Pioneer Bankcorp 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.

Pioneer Bankcorp's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

Pioneer Bankcorp's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0+0.75 * 0+0.5 * 0-647.813
-0-0)/0
=N/A

* 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.


Pioneer Bankcorp Accounts Receivable Related Terms

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Pioneer Bankcorp (Pioneer Bankcorp) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
300 East Sugarland Highway, Clewiston, FL, USA, 33440
Pioneer Bankcorp Inc is a bank holding company incorporated in Florida. The Bank is a state-chartered, FDIC-insured bank headquartered in Clewiston, Florida, and conducts business from three banking offices in Hendry County and other banking offices in surrounding counties. The majority of the company's revenues are interest earned on loans, investment securities, and other financial instruments.

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