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Stellar Bancorp (Stellar Bancorp) Accounts Receivable : $45.5 Mil (As of Mar. 2024)


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What is Stellar Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stellar Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $45.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stellar Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stellar Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-135.23.


Stellar Bancorp Accounts Receivable Historical Data

The historical data trend for Stellar Bancorp'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.

Stellar Bancorp Accounts Receivable Chart

Stellar Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - - 33.39 44.74 44.24

Stellar Bancorp 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 42.41 42.05 43.54 44.24 45.47

Stellar Bancorp Accounts Receivable Calculation

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


Stellar Bancorp 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.466/108.414*91
=38.27

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

Stellar Bancorp'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)
=(1922.842+0.75 * 45.466+0.5 * 0-9198.524
-0-0)/53.5508
=-135.23

* 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.


Stellar Bancorp Accounts Receivable Related Terms

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Stellar Bancorp (Stellar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Stellar Bancorp Inc is a U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company include business and personal deposits account, personal and business lending, mobile and online banking, merchant banking, and others.
Executives
Okan I. Akin officer: Senior Executive VP, CRO 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Paul P Egge officer: Senior Executive VP, CFO 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Cynthia A Dopjera director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe Sr Penland director 6550 TRAM ROAD, BEAUMONT TX 77713
Williams John E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Wilson William E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe B Swinbank director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
George Martinez director 38 WINCREST FALLS DR, CYPRESS TX 774295154
John Beckworth director 8847 W.SAM HOUSTON PARKWAY N., SUITE 200, HOUSTON TX 77040
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Justin M Long officer: SEVP, GC & Secretary 3714 STEVENSON AVE., AUSTIN TX 78703
Cambrea R Merriwether officer: EVP Executive Director of HR 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Fred S. Robertson director 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Shanna R. Kuzdzal officer: Sr. EVP, GC, Secretary 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Vitulli, Iii Ramon A. officer: President 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040

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