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Seacoast Banking of Florida (Seacoast Banking of Florida) Accounts Receivable : $0.0 Mil (As of Mar. 2024)


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What is Seacoast Banking of Florida Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seacoast Banking of Florida's accounts receivables for the quarter that ended in Mar. 2024 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seacoast Banking of Florida's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. Seacoast Banking of Florida's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-118.59.


Seacoast Banking of Florida Accounts Receivable Historical Data

The historical data trend for Seacoast Banking of Florida'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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Seacoast Banking of Florida Accounts Receivable Chart

Seacoast Banking of Florida Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Seacoast Banking of Florida Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Seacoast Banking of Florida Accounts Receivable Calculation

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


Seacoast Banking of Florida 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.

Seacoast Banking of Florida's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/125.575*91
=0.00

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

Seacoast Banking of Florida'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)
=(2640.043+0.75 * 0+0.5 * 0-12712.265
-0-0)/84.9351
=-118.59

* 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.


Seacoast Banking of Florida Accounts Receivable Related Terms

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Seacoast Banking of Florida (Seacoast Banking of Florida) Business Description

Traded in Other Exchanges
N/A
Address
815 Colorado Avenue, Stuart, FL, USA, 34994
Seacoast Banking Corp of Florida is a holding company for Seacoast National Bank. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers across Florida, and through mobile and online banking solutions. In addition, it provides services such as treasury management, brokerage, and credit facilities.
Executives
Charles M Shaffer director, officer: Chairman, President & CEO C/O SEACOAST BANKING CORPORATION OF FL, 815 COLORADO AVE., P. O. BOX 9012, STUART FL 34995
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Stallings James C Iii officer: EVP, Chief Credit Officer P.O. BOX 9012, STUART FL 34995
Jacqueline Lynette Bradley director 5336 ISLEWORTH COUNTRY CLUB DRIVE, WINDERMERE FL 34786
Maryann Goebel director 411 NORTH NEW RIVER DRIVE EAST, UNIT 2902, FORT LAUDERDALE FL 33301
Dennis J Arczynski director 5771 HAWKES BLUFF AVENUE, DAVIE FL 33331
Thomas E Rossin director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Christopher E Fogal director 102 NE CHARLESTON OAK DRIVE, PORT ST. LUCIE FL 34983
Alvaro Monserrat director 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Shearouse Joseph B Iii director P.O. BOX 9012, STUART FL 34995
Julie H Daum director 1000 PALM WAY, NORTH PALM BEACH FL 33408
Culbreth H Gilbert Jr director C/O SEACOAST BANKING CORPORATION OF FL, P. O. BOX 9012, STUART FL 34995
Austen Carroll officer: EVP, Chief Lending Officer P.O. BOX 9012, STUART FL 34995
Juliette Kleffel other: EVP of Subsidiary P.O. BOX 9012, STUART FL 34995
Hudson Dennis S Iii director, officer: President & CEO 815 COLORADO AVENUE, P O BOX 9012, STUART FL 34995-9012