BayFirst Financial (BayFirst Financial) Change In Receivables : $-2.08 Mil (TTM As of Mar. 2024)

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What is BayFirst Financial Change In Receivables?

BayFirst Financial's change in receivables for the quarter that ended in Mar. 2024 was $-0.50 Mil. It means BayFirst Financial's Accounts Receivable increased by $0.50 Mil from Dec. 2023 to Mar. 2024 .

BayFirst Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.68 Mil. It means BayFirst Financial's Accounts Receivable increased by $2.68 Mil from Dec. 2022 to Dec. 2023 .

BayFirst Financial's Accounts Receivable for the quarter that ended in Mar. 2024 was $7.63 Mil.

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 Receivable are being managed. BayFirst Financial's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BayFirst Financial's liquidation value for the three months ended in Mar. 2024 was $-934.83 Mil.

BayFirst Financial Change In Receivables Historical Data

The historical data trend for BayFirst Financial's Change In Receivables 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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BayFirst Financial Change In Receivables Chart

BayFirst Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.38

-5.18

3.72

-0.92

-2.68

BayFirst Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-1.10	-0.38	-0.98	-0.22	-0.50

BayFirst Financial Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.08 Mil.

BayFirst Financial (NAS:BAFN) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.625	/	21.291	*	91
=	32.68

2. In Ben Graham's calculation of liquidation value, BayFirst Financial's accounts receivable are only considered to be worth 75% of book value:

BayFirst Financial's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	103.019	-	1043.565	+	0.75 * 7.625	+	0.5 * 0
=	-934.83

BayFirst Financial Change In Receivables Related Terms

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BayFirst Financial (BayFirst Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BayFirst Financial Corp (NAS:BAFN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

700 Central Avenue, Suite 100, Saint Petersburg, FL, USA, 33701

Website

https://www.bayfirstfinancial.com

BayFirst Financial Corp is a one-bank holding company, it generates its revenue from interest on loans and the gain-on-sale income derived from the sale of loans into the secondary market. The company serves a broad spectrum of individuals, families, and small businesses, supported by national business lines in residential and SBA lending and technology platforms. The primary source of funding for its loans is deposits. BayFirst measures performance through net interest income after provision for loan losses, return on average assets, and return on average common equity, while maintaining appropriate regulatory leverage and risk-based capital ratios.

Executives

Scott Joseph Mckim	officer: EVP, Chief Financial Officer	700 CENTRAL AVE, ST PETERSBURG FL 33701
Thomas Gerard Zernick	officer: Executive Vice President	700 CENTRAL AVE, ST PETERSBURG FL 33701
Anthony N Leo	director, officer: Chief Executive Officer	700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Rhonda S Tudor	officer: SVP, Chief Accounting Officer	1032 STONEY CREEK LN., MOUNT PLEASANT MI 48858
Anthony Saravanos	director	3802 COCONUT PALM DRIVE, TAMPA FL 33619
Sheryl Wudunn	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Tarek Helal	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Harold Jack Winner	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Derek Steven Berset	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Bradly William Spoor	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Matthew Mann Luckey	officer: Executive Vice President	700 CENTRAL AVE, ST PETERSBURG FL 33701
Brandi Nicole Jaber	officer: Executive Vice President	700 CENTRAL AVE, ST PETERSBURG FL 33701
Christos Politis	director	700 CENTRAL AVE, ST PETERSBURG FL 33701
Robin Leigh Oliver	officer: Chief Financial Officer	700 CENTRAL AVE, ST PETERSBURG FL 33701
Alexander Octavius Harris	director	700 CENTRAL AVE, ST PETERSBURG FL 33701