South Atlantic Bancshares (South Atlantic Bancshares) Change In Receivables : $0.00 Mil (TTM As of Mar. 2024)

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What is South Atlantic Bancshares Change In Receivables?

South Atlantic Bancshares's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means South Atlantic Bancshares's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

South Atlantic Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.43 Mil. It means South Atlantic Bancshares's Accounts Receivable increased by $1.43 Mil from Dec. 2022 to Dec. 2023 .

South Atlantic Bancshares's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 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. South Atlantic Bancshares's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. South Atlantic Bancshares's liquidation value for the three months ended in Mar. 2024 was $-1,486.55 Mil.

South Atlantic Bancshares Change In Receivables Historical Data

The historical data trend for South Atlantic 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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South Atlantic Bancshares Change In Receivables Chart

South Atlantic Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.30

-0.74

-0.80

-1.25

-1.43

South Atlantic 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															-	-	-	-	-

South Atlantic 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 $0.00 Mil.

South Atlantic Bancshares (OTCPK:SABK) 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.

South Atlantic 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
=	0	/	11.297	*	91
=	0.00

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

South Atlantic 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)
=	78.534	-	1565.083	+	0.75 * 0	+	0.5 * 0
=	-1,486.55

South Atlantic Bancshares Change In Receivables Related Terms

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South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Atlantic Bancshares Inc (OTCPK:SABK) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

630 29th Avenue North, Myrtle Beach, SC, USA, 29577

Website

https://www.southatlantic.bank

South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.