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Logansport Financial (Logansport Financial) Change In Receivables : $-0.38 Mil (TTM As of Dec. 2023)


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What is Logansport Financial Change In Receivables?

Logansport Financial's change in receivables for the quarter that ended in Dec. 2023 was $-0.38 Mil. It means Logansport Financial's Accounts Receivable increased by $0.38 Mil from Dec. 2022 to Dec. 2023 .

Logansport Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.38 Mil. It means Logansport Financial's Accounts Receivable increased by $0.38 Mil from Dec. 2022 to Dec. 2023 .

Logansport Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.29 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. Logansport Financial's Days Sales Outstanding for the six months ended in Dec. 2023 was 50.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Logansport Financial's liquidation value for the six months ended in Dec. 2023 was $-161.06 Mil.


Logansport Financial Change In Receivables Historical Data

The historical data trend for Logansport 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.

* Premium members only.

Logansport Financial Change In Receivables Chart

Logansport Financial Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.22 - -0.34 -0.38

Logansport Financial Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec08 Dec09 Dec20 Dec21 Dec22 Dec23
Change In Receivables 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 0.18 -0.22 - -0.34 -0.38

Logansport 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.38 Mil.

* 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.


Logansport Financial  (OTCPK:LOGN) 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.

Logansport Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.29/8.258*91
=50.61

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

Logansport Financial's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=64.214-226.996+0.75 * 2.29+0.5 * 0
=-161.06

* 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.


Logansport Financial Change In Receivables Related Terms

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Logansport Financial (Logansport Financial) Business Description

Traded in Other Exchanges
N/A
Address
723 East Broadway, Logansport, IN, USA, 46947
Logansport Financial Corp is the holding company for Logansport Savings Bank. It is engaged primarily in the business of attracting retail deposits from the public. The company provides Personal Banking; Personal Lending and Business Banking.
Executives
Allen D Schieber officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Thomas G Williams director C/O LOGANSPORT FINANCIAL CORP, 723 EAST BROADWAY, LOGANSPORT IN 46947
David G Wihebrink director, officer: President and CEO C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
William Jr Tinchler director C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947
Charles J Evans director, officer: Senior Vice President C/O LOGANSPORT FINANCIAL CORP, 723 E BROADWAY, LOGANSPORT IN 46947