Hills Bancorp (Hills Bancorp) Change In Receivables : $-4.0 Mil (TTM As of Dec. 2023)

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What is Hills Bancorp Change In Receivables?

Hills Bancorp's change in receivables for the quarter that ended in Dec. 2023 was $-0.1 Mil. It means Hills Bancorp's Accounts Receivable increased by $0.1 Mil from Sep. 2023 to Dec. 2023 .

Hills Bancorp's change in receivables for the fiscal year that ended in Dec. 2023 was $-4.0 Mil. It means Hills Bancorp's Accounts Receivable increased by $4.0 Mil from Dec. 2022 to Dec. 2023 .

Hills Bancorp's Accounts Receivable for the quarter that ended in Dec. 2023 was $19.8 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. Hills Bancorp's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hills Bancorp's liquidation value for the three months ended in Dec. 2023 was $-2,972.8 Mil.

Hills Bancorp Change In Receivables Historical Data

The historical data trend for Hills 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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Hills Bancorp Change In Receivables Chart

Hills Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.66

0.27

0.74

-4.35

-4.00

Hills Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.26	-1.60	0.51	-2.79	-0.12

Hills 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.0 Mil.

Hills Bancorp (OTCPK:HBIA) 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.

Hills Bancorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	19.786	/	35.082	*	91
=	51.46

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

Hills Bancorp's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	838.903	-	3826.528	+	0.75 * 19.786	+	0.5 * 0
=	-2,972.8

Hills Bancorp Change In Receivables Related Terms

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Hills Bancorp (Hills Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hills Bancorp (OTCPK:HBIA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

131 E. Main Street, PO Box 160, Hills, IA, USA, 52235

Website

https://www.hillsbank.com

Hills Bancorp is a holding company engaged in the business of commercial banking serving individuals, businesses, governmental units and institutional customers in the United States. It offers services including acceptance of demand, savings and time deposits, providing commercial, real estate, agricultural and consumer loans, maintaining night and safe deposit facilities, and performing collection, exchange, and other banking services. Also, it administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations, and nonprofit organizations. The company also provides mortgage loans and commercial and financial loans. Most of the company's revenue comes from interest income.

Executives

Anthony V Roetlin	officer: SVP Chief Financial Officer	131 E. MAIN ST. PO BOX 160, HILLS IA 52235
Joseph Andrew Schueller	officer: SVP, CFO, Treasurer	131 E. MAIN ST., HILLS IA 52235
Lisa A Shileny	officer: Sr VP, Dr of Administration	131 E MAIN ST, P.O. BOX 160, HILLS IA 52235
Shari J Demaris	officer: Treasurer	1560 MCKINLEY PL, IOWA CITY IA 52246
Steven R Ropp	officer: SR VP, Director Comm'l Banking	131 MAIN STREET, PO BOX 160, HILLS IA 52235
James C Schmitt	director	131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Thomas R Wiele	director	1306 217TH ST., NICHOLS IA 52766
Michael S Donovan	director	131 MAIN STREET, HILLS IA 52235
John W Phelan	director	131 MAIN STREET, HILLS IA 52235
Casey L Peck	director	131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Kirsten H Frey	director	131 E MAIN STREET, PO BOX 160, HILLS IA 52235
Bradford C Zuber	officer: SRVP, Director Trust Services	131 MAIN STREET, PO BOX 160, HILLS IA 52235
Michael Hodge	director	15 LINDOER VALLEY CIRCLE, IOWA CITY IA 52240
Theodore H Pacha	director	PO BOX 1405, IOWA CITY IA 52240
James A Nowak	director	131 MAIN STREET, HILLS IA 52235

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