SB Financial Group (SB Financial Group) Change In Receivables : $-0.66 Mil (TTM As of Mar. 2024)

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What is SB Financial Group Change In Receivables?

SB Financial Group's change in receivables for the quarter that ended in Mar. 2024 was $0.07 Mil. It means SB Financial Group's Accounts Receivable declined by $0.07 Mil from Dec. 2023 to Mar. 2024 .

SB Financial Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.57 Mil. It means SB Financial Group's Accounts Receivable increased by $0.57 Mil from Dec. 2022 to Dec. 2023 .

SB Financial Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $4.58 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. SB Financial Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SB Financial Group's liquidation value for the three months ended in Mar. 2024 was $-966.59 Mil.

SB Financial Group Change In Receivables Historical Data

The historical data trend for SB Financial Group'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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SB Financial Group Change In Receivables Chart

SB Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.28

-0.69

0.88

-1.17

-0.57

SB Financial Group 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															0.17	-0.15	-0.38	-0.20	0.07

SB Financial Group 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 $-0.66 Mil.

SB Financial Group (NAS:SBFG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.584	/	13.131	*	91
=	31.86

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

SB Financial Group'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)
=	242.258	-	1212.289	+	0.75 * 4.584	+	0.5 * 0
=	-966.59

SB Financial Group Change In Receivables Related Terms

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SB Financial Group (SB Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SB Financial Group Inc (NAS:SBFG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Clinton Street, P.O. Box 467, Defiance, OH, USA, 43512

Website

http://www.yoursbfinancial.com

SB Financial Group Inc operates as a Holding Company of State Bank and RDSI/DCM. Its activities involve commercial banking, trust, and financial services. It offers a full-range of financial services for consumers and small businesses, including trust services, mortgage banking, wealth management services, commercial and agricultural lending. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit. It earns revenue in the form of interest income.

Executives

Timothy J. Stolly	director	700 BLUFF OAK TRAIL, LIMA OH 45807
Timothy L. Claxton	director	327 BAROUCHE PL., FORT WAYNE IN 46845
Mark A Klein	officer: CHAIRMAN, PRESIDENT & CEO	225 KETTENRING DRIVE, DEFIANCE OH 43512
William G Martin	director	136 DEERFIELD CIRCLE, BRYAN OH 43506
Richard L Hardgrove	director	1959 MARBLE CLIFF CROSSING CT., COLUMBUS OH 43204
Steven A. Walz	officer: EVP OF SUBSIDIARY	324 NORTHWOOD DR., DEFIANCE OH 43512
George W Carter	director	15316 RD 168, PO BOX 322, PAULDING OH 45879
Anthony Van Cosentino	officer: EVP OF SUBSIDIARY	1600 BRIDGEWOOD COURT, DEFIANCE OH 43512
David A. Homoelle	officer: REGIONAL PRESIDENT OF SUBSIDIA	903 GATEHOUSE LANE, COLUMBUS OH 43235
Keeta Jane Diller	officer: EVP OF SUBSIDIARY	13801 FRUIT RIDGE ROAD, DEFIANCE OH 43512
Gaytan Garcia Juan Ernesto	officer: EVP OF SUBSIDIARY	2103 SOUTH BROOKHILL LANE, CANTON MI 48188
Rita A Kissner	director	135 BIEDE PLACE, DEFIANCE OH 43512
Tom R Helberg	director	30600 N. PIMA RD., UNIT 50, SCOTTSDALE AZ 85266
Jonathan R. Gathman	other: EVP OF SUBSIDIARY	703 BURNING TREE DRIVE, DEFIANCE OH 43512
Fawcett Jr Robert A	director	172 EASTOWNE DRIVE, OTTAWA OH 45875