Unity Bancorp (FRA:UTB) Change In Receivables : €0.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Unity Bancorp Change In Receivables?

Unity Bancorp's change in receivables for the quarter that ended in Mar. 2024 was €0.00 Mil. It means Unity Bancorp's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Unity Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was €0.00 Mil. It means Unity Bancorp's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Unity Bancorp's Accounts Receivable for the quarter that ended in Mar. 2024 was €12.11 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. Unity Bancorp's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Unity Bancorp's liquidation value for the three months ended in Mar. 2024 was €-1,852.68 Mil.

Unity Bancorp Change In Receivables Historical Data

The historical data trend for Unity Bancorp'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.

* Premium members only.

Unity Bancorp Change In Receivables Chart

Unity Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

Unity Bancorp 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															-	-	-	-	-

Unity Bancorp 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 €0.00 Mil.

Unity Bancorp (FRA:UTB) 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.

Unity 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
=	12.112	/	23.161	*	91
=	47.72

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

Unity Bancorp'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)
=	255.454	-	2117.221	+	0.75 * 12.112	+	0.5 * 0
=	-1,852.68

Unity Bancorp Change In Receivables Related Terms

Thank you for viewing the detailed overview of Unity Bancorp's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Unity Bancorp (FRA:UTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bancorp Inc (FRA:UTB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

UNTY:USA

Address

64 Old Highway 22, Clinton, NJ, USA, 08809

Website

http://www.unitybank.com

Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.

Unity Bancorp (FRA:UTB) Headlines

No Headlines