United Security Bancshares (United Security Bancshares) Change In Receivables : $-0.61 Mil (TTM As of Mar. 2024)

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What is United Security Bancshares Change In Receivables?

United Security Bancshares's change in receivables for the quarter that ended in Mar. 2024 was $0.89 Mil. It means United Security Bancshares's Accounts Receivable declined by $0.89 Mil from Dec. 2023 to Mar. 2024 .

United Security Bancshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.19 Mil. It means United Security Bancshares's Accounts Receivable increased by $1.19 Mil from Dec. 2022 to Dec. 2023 .

United Security Bancshares's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.43 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. United Security Bancshares's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United Security Bancshares's liquidation value for the three months ended in Mar. 2024 was $-867.72 Mil.

United Security Bancshares Change In Receivables Historical Data

The historical data trend for United Security 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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United Security Bancshares Change In Receivables Chart

United Security Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.20

0.41

0.56

1.01

-1.19

United Security 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															0.31	0.06	-0.33	-1.23	0.89

United Security 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 $-0.61 Mil.

United Security Bancshares (NAS:UBFO) 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.

United Security 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
=	8.434	/	12.755	*	91
=	60.34

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

United Security 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)
=	208.17	-	1082.22	+	0.75 * 8.434	+	0.5 * 0
=	-867.72

United Security Bancshares Change In Receivables Related Terms

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United Security Bancshares (United Security Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Security Bancshares (NAS:UBFO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2126 Inyo Street, Fresno, CA, USA, 93721

Website

https://www.unitedsecuritybank.com

United Security Bancshares operates as the holding for United Security Bank. It provides commercial banking services to the business and professional community, and individuals located in Fresno, Madera, and Kern Counties. It offers checking and savings accounts, deposits, mortgage loans, credit and debit cards, safe deposit boxes, automated teller machines, wire transfers, money market accounts, mobile banking, and wealth management services. The company's primary sources of revenue are interest income from loans and investment securities.

Executives

Oberg Robert C Jr	officer: SVP & CHIEF RISK OFFICER	610 DAYTON STREET APT# 3, HAMILTON OH 45011
Dennis R Woods	director, officer: CEO	1525 E. SHAW AVE., FRESNO CA 93710
Jagroop Gill	director	2126 INYO STREET, FRESNO CA 93721
G Thompson Ellithorpe	director	1525 E SHAW AVE, FRESNO CA 93710
Thomas G Walker	director	2126 INYO STREET, FRESNO CA 93721
William M. Yarbenet	officer: SVP & CCO	2126 INYO STREET, FRESNO CA 93721
Kenneth D Newby	director	2126 INYO STREET, FRESNO CA 93721
Susan Quigley	director	2126 INYO STREET, FRESNO CA 93721
Heather Hammack	director	2126 INYO STREET, FRESNO CA 93721
Dora Westerlund	director	2126 INYO STREET, FRESNO CA 93721
Nabeel Mahmood	director	2126 INYO STREET, FRESNO CA 93721
Brian Tkacz	director	2126 INYO STREET, FRESNO CA 93721
Benjamin Mackovak	director	2126 INYO STREET, FRESNO CA 93721
David L Eytcheson	officer: SVP & COO	1525 E SHAW AVE, FRESNO CA 93710
David A Kinross	officer: SVP & CHIEF FINANCIAL OFFICER	600 POLLASKY AVENUE, CLOVIS CA 93612