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Red River Bancshares (Red River Bancshares) Accounts Receivable : $10.0 Mil (As of Mar. 2024)


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What is Red River Bancshares Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Red River Bancshares's accounts receivables for the quarter that ended in Mar. 2024 was $10.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Red River Bancshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 34.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Red River Bancshares's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-288.83.


Red River Bancshares Accounts Receivable Historical Data

The historical data trend for Red River Bancshares'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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Red River Bancshares Accounts Receivable Chart

Red River Bancshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 5.25 6.88 6.25 8.83 9.95

Red River Bancshares Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 8.40 8.24 8.78 9.95 10.00

Red River Bancshares Accounts Receivable Calculation

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


Red River Bancshares 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.

Red River Bancshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.995/26.333*91
=34.64

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

Red River Bancshares'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)
=(775.772+0.75 * 9.995+0.5 * 0-2773.984
-0-0)/6.89245
=-288.83

* 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.


Red River Bancshares Accounts Receivable Related Terms

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Red River Bancshares (Red River Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1412 Centre Court Drive, Suite 501, Alexandria, LA, USA, 71301
Red River Bancshares Inc is the bank holding company for the red river bank. The principal business of the Bank is lending and accepting deposits from businesses, professionals, individuals, and public entities. The bank's primary deposit products are demand deposits, savings deposits, and time deposits. The bank maintains a diversified loan portfolio with a focus on commercial real estate (Owner Occupied and Non-Owner Occupied), one-to-four-family residential, commercial, and industrial loans, construction and development Loans, and others. also, provides Treasury Management Services, Private Banking Services, Brokerage Services, and Other Banking Services.
Executives
Teddy Ray Price director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Kirk David Cooper director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Tammi R. Salazar officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Bryon C. Salazar officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Ronald Blake Chatelain director, officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Isabel V. Carriere officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Andrew Blake Cutrer officer: Senior Vice President 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hall G. Bridges Iv officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Julia E Callis officer: See Remarks 2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Amanda Wood Barnett officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Michael D. Crowell director 1412 CENTRE COURT, SUITE 501, ALEXANDRIA LA 71301
Barry Dale Hines director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Anna Brasher Moreau director 1412 CENTRE COURT DRIVE, SUITE 501, ALEXANDRIA LA 71301
Debbie B. Triche officer: See Remarks 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hackmeyer Ferdinand William Jr. director 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301

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