Red River Bancshares (Red River Bancshares) Change In Receivables : $-1.6 Mil (TTM As of Mar. 2024)

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What is Red River Bancshares Change In Receivables?

Red River Bancshares's change in receivables for the quarter that ended in Mar. 2024 was $-0.1 Mil. It means Red River Bancshares's Accounts Receivable increased by $0.1 Mil from Dec. 2023 to Mar. 2024 .

Red River Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.1 Mil. It means Red River Bancshares's Accounts Receivable increased by $1.1 Mil from Dec. 2022 to Dec. 2023 .

Red River Bancshares's Accounts Receivable for the quarter that ended in Mar. 2024 was $10.0 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. Red River Bancshares's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Red River Bancshares's liquidation value for the three months ended in Mar. 2024 was $-1,990.7 Mil.

Red River Bancshares Change In Receivables Historical Data

The historical data trend for Red River Bancshares'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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Red River Bancshares Change In Receivables Chart

Red River Bancshares Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.24

-1.63

0.64

-2.59

-1.12

Red River Bancshares 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															0.43	0.16	-0.54	-1.17	-0.05

Red River Bancshares 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 $-1.6 Mil.

Red River Bancshares (NAS:RRBI) 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.

Red River Bancshares's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.995	/	26.333	*	91
=	34.64

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

Red River Bancshares'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)
=	775.772	-	2773.984	+	0.75 * 9.995	+	0.5 * 0
=	-1,990.7

Red River Bancshares Change In Receivables Related Terms

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Red River Bancshares (Red River Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Red River Bancshares Inc (NAS:RRBI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1412 Centre Court Drive, Suite 501, Alexandria, LA, USA, 71301

Website

https://www.redriverbank.net

Red River Bancshares Inc is the bank holding company for the red river bank. The principal business of the Bank is lending and accepting deposits from businesses, professionals, individuals, and public entities. The bank's primary deposit products are demand deposits, savings deposits, and time deposits. The bank maintains a diversified loan portfolio with a focus on commercial real estate (Owner Occupied and Non-Owner Occupied), one-to-four-family residential, commercial, and industrial loans, construction and development Loans, and others. also, provides Treasury Management Services, Private Banking Services, Brokerage Services, and Other Banking Services.

Executives

Teddy Ray Price	director	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Kirk David Cooper	director	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Tammi R. Salazar	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Bryon C. Salazar	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Ronald Blake Chatelain	director, officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Isabel V. Carriere	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Andrew Blake Cutrer	officer: Senior Vice President	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hall G. Bridges Iv	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Julia E Callis	officer: See Remarks	2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Amanda Wood Barnett	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Michael D. Crowell	director	1412 CENTRE COURT, SUITE 501, ALEXANDRIA LA 71301
Barry Dale Hines	director	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Anna Brasher Moreau	director	1412 CENTRE COURT DRIVE, SUITE 501, ALEXANDRIA LA 71301
Debbie B. Triche	officer: See Remarks	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Hackmeyer Ferdinand William Jr.	director	1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301