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United Bancorp Of Alabama (United Bancorp Of Alabama) Accounts Receivable : $7.85 Mil (As of Mar. 2024)


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What is United Bancorp Of Alabama Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Bancorp Of Alabama's accounts receivables for the quarter that ended in Mar. 2024 was $7.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Bancorp Of Alabama's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 41.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Bancorp Of Alabama's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-220.17.


United Bancorp Of Alabama Accounts Receivable Historical Data

The historical data trend for United Bancorp Of Alabama'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.

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United Bancorp Of Alabama Accounts Receivable Chart

United Bancorp Of Alabama Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 4.18 5.25 6.26 8.27

United Bancorp Of Alabama 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 6.55 7.45 7.48 8.27 7.85

United Bancorp Of Alabama Accounts Receivable Calculation

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


United Bancorp Of Alabama 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.

United Bancorp Of Alabama's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.852/17.298*91
=41.42

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

United Bancorp Of Alabama'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)
=(479.227+0.75 * 7.852+0.5 * 0-1140.603
-123.75-0)/3.53921
=-220.17

* 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.


United Bancorp Of Alabama Accounts Receivable Related Terms

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United Bancorp Of Alabama (United Bancorp Of Alabama) Business Description

Traded in Other Exchanges
N/A
Address
200 East Nashville Avenue, Atmore, AL, USA, 36502
United Bancorp Of Alabama Inc is a bank holding company, which offers a broad range of banking services. The company serves the areas of Baldwin, Escambia, and Monroe Counties, Alabama, and Santa Rosa County, Florida. Some of its services include Personal Loans; Visa Credit Cards; Online/Mobile Banking; Safe Deposit Boxes and others.
Executives
Leslie H Cunningham director P O BOX 8, ATMORE AL 36502
Richard King Maxwell director P O BOX 8, ATMORE AL 36502
Dale M Ash director P.O. DRAWER 8, ATMORE AL 36504
Allen Jr Jones officer: CFO & Treasurer P O BOX 8, ATMORE AL 365074
John Wayne Trawick director P O BOX 8, ATMORE AL 36502
Jones Robert R Iii director, officer: President P.O. DRAWER 8, ATMORE AL 36504
William J Justice director P.O. DRAWER 8, ATMORE AL 36504
L Walter Crim director P.O. DRAWER 8, ATMORE AL 36504
David D Swift director, officer: Secretary P.O. DRAWER 8, ATMORE AL 36504
Michael R Andreoli director P.O. DRAWER 8, ATMORE AL 36504
William C Grissett director P.O. DRAWER 8, ATMORE AL 36504