GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Embassy Bancorp Inc (OTCPK:EMYB) » Definitions » Accounts Receivable

Embassy Bancorp (Embassy Bancorp) Accounts Receivable : $3.46 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Embassy Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Embassy Bancorp's accounts receivables for the quarter that ended in Mar. 2024 was $3.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Embassy Bancorp's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Embassy Bancorp's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-160.43.


Embassy Bancorp Accounts Receivable Historical Data

The historical data trend for Embassy Bancorp's Accounts Receivable 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.

* Premium members only.

Embassy Bancorp Accounts Receivable Chart

Embassy Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 3.14 2.60 2.93 3.30

Embassy Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 2.86 3.26 3.30 3.46

Embassy Bancorp Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Embassy Bancorp Accounts Receivable 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 receivables are being managed.

Embassy 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
=3.46/9.403*91
=33.58

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Embassy Bancorp's accounts receivable are only considered to be worth 75% of book value:

Embassy Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(324.667+0.75 * 3.46+0.5 * 0-1549.162
-0-0)/7.61647
=-160.43

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Embassy Bancorp Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Embassy Bancorp's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Embassy Bancorp (Embassy Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
One Hundred Gateway Drive, Suite 100, Bethlehem, PA, USA, 18017
Embassy Bancorp Inc acts as an independent community financial services provider. It offers traditional banking and related financial services to individual, business and government customers. The bank also offers commercial and retail financial services such as savings and demand deposits, commercial loans, consumer loans, residential mortgage, and home equity loans and other financial services. Its other services comprise night depository services, wire transfers, bond coupon redemption, cash management services, and escrow management services among others.
Executives
Lobach David M Jr director, officer: SEVP, CEO, President 100 GATEWAY DRIVE, SUITE 100, BETHLEHEM PA 18017
John G Englesson director 5341 ABERDENE STREET, CENTER VALLEY PA 18034
Bernard M Lesavoy director ONE WINDSOR PLAZA, SUITE 200, 7535 WINDSOR DR., ALLENTOWN PA 18195-1014
Lynne Marie Neel other: Executive Vice President 3100 HECKTOWN RD, EASTON PA 18045
Diane Maria Cunningham officer: Executive Vice President 3311 LORD BYRON DR, BETHLEHEM PA 18017
Michael B Macy officer: SVP, CLO Business Banking ONE GATEWAY DRIVE, SUITE 100, BETHLEHEM PA 18017
Frank Iii Banko director 100 GATEWAY DRIVE, SUITE 100, BETHLEHEM PA 18017
Geoffrey F Boyer director 1259 S CEDAR CREST BLVD., SUITE 336, ALLENTOWN PA 18103
Judith A Hunsicker officer: FEO, COO, CFO 100 GATEWAY DRIVE, SUITE 100, BETHLEHEM PA 18017
Patti Gates Smith director 8448 REDHAVEN STREET, FOGELSVILLE PA 18051
Brew John P Jr director 817 W. BROAD ST., BETHLEHEM PA 18018
Elmer D Gates director 840 YORKSHIRE RD., BETHLEHEM PA 18017
John T Yurconic director 5910 HAMILTON BLVD, ALLENTOWN PA 18106
Robert P Daday director 2 N 9TH ST, ALLENTOWN PA 18101-1179
John C Pittman director 1001 NOR-BATH BLVD, NORTHAMPTON PA 18067

Embassy Bancorp (Embassy Bancorp) Headlines