Stellar Bancorp (Stellar Bancorp) Change In Receivables : $-8.5 Mil (TTM As of Mar. 2024)

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What is Stellar Bancorp Change In Receivables?

Stellar Bancorp's change in receivables for the quarter that ended in Mar. 2024 was $5.9 Mil. It means Stellar Bancorp's Accounts Receivable declined by $5.9 Mil from Dec. 2023 to Mar. 2024 .

Stellar Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.3 Mil. It means Stellar Bancorp's Accounts Receivable increased by $2.3 Mil from Dec. 2022 to Dec. 2023 .

Stellar Bancorp's Accounts Receivable for the quarter that ended in Mar. 2024 was $45.5 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. Stellar Bancorp's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stellar Bancorp's liquidation value for the three months ended in Mar. 2024 was $-7,241.6 Mil.

Stellar Bancorp Change In Receivables Historical Data

The historical data trend for Stellar 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.

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Stellar Bancorp Change In Receivables Chart

Stellar Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-24.71

-1.32

2.62

-2.32

Stellar 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															12.13	-5.68	-6.62	-2.16	5.91

Stellar 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 $-8.5 Mil.

Stellar Bancorp (NYSE:STEL) 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.

Stellar 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
=	45.466	/	108.414	*	91
=	38.27

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

Stellar 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)
=	1922.842	-	9198.524	+	0.75 * 45.466	+	0.5 * 0
=	-7,241.6

Stellar Bancorp Change In Receivables Related Terms

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Stellar Bancorp (Stellar Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stellar Bancorp Inc (NYSE:STEL) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

9 Greenway Plaza, Suite 110, Houston, TX, USA, 77046

Website

https://www.stellar.bank

Stellar Bancorp Inc is a U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company include business and personal deposits account, personal and business lending, mobile and online banking, merchant banking, and others.

Executives

Okan I. Akin	officer: Senior Executive VP, CRO	8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Paul P Egge	officer: Senior Executive VP, CFO	8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Cynthia A Dopjera	director	9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe Sr Penland	director	6550 TRAM ROAD, BEAUMONT TX 77713
Williams John E Jr	director	9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Wilson William E Jr	director	9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe B Swinbank	director	9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
George Martinez	director	38 WINCREST FALLS DR, CYPRESS TX 774295154
John Beckworth	director	8847 W.SAM HOUSTON PARKWAY N., SUITE 200, HOUSTON TX 77040
Jon-al Duplantier	director	C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Justin M Long	officer: SEVP, GC & Secretary	3714 STEVENSON AVE., AUSTIN TX 78703
Cambrea R Merriwether	officer: EVP Executive Director of HR	9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Fred S. Robertson	director	8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Shanna R. Kuzdzal	officer: Sr. EVP, GC, Secretary	8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Vitulli, Iii Ramon A.	officer: President	8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040