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Avidbank Holdings (Avidbank Holdings) Change In Receivables : $-3.46 Mil (TTM As of Dec. 2019)


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What is Avidbank Holdings Change In Receivables?

Avidbank Holdings's change in receivables for the quarter that ended in Dec. 2019 was $-3.46 Mil. It means Avidbank Holdings's Accounts Receivable increased by $3.46 Mil from Dec. 2018 to Dec. 2019 .

Avidbank Holdings's change in receivables for the fiscal year that ended in Dec. 2019 was $-3.46 Mil. It means Avidbank Holdings's Accounts Receivable increased by $3.46 Mil from Dec. 2018 to Dec. 2019 .

Avidbank Holdings's Accounts Receivable for the quarter that ended in Dec. 2019 was $28.98 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. Avidbank Holdings's Days Sales Outstanding for the six months ended in Dec. 2019 was 111.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Avidbank Holdings's liquidation value for the six months ended in Dec. 2019 was $-788.57 Mil.

Avidbank Holdings Change In Receivables Historical Data

The historical data trend for Avidbank Holdings'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.

* Premium members only.

Avidbank Holdings Change In Receivables Chart

Avidbank Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 -4.15 -0.28 -2.74 -3.46

Avidbank Holdings Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 -4.15 -0.28 -2.74 -3.46

Avidbank Holdings 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2019 was $-3.46 Mil.

* 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.

Avidbank Holdings  (OTCPK:AVBH) 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.

Avidbank Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.976/47.453*91
=111.44

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

Avidbank Holdings's liquidation value for the quarter that ended in Dec. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=204.862-1015.162+0.75 * 28.976+0.5 * 0
=-788.57

* 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.

Avidbank Holdings Change In Receivables Related Terms

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Avidbank Holdings (Avidbank Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avidbank Holdings Inc (OTCPK:AVBH) » Definitions » Change In Receivables
Comparable Companies
BKSC OPBK PBIP EFSI KTYB LMST CPKF FFNW EMYB PROV SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB SHSE:601166 TFC PNC SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
1732 North 1st Street, 6th Floor, San Jose, CA, USA, 95112
Website
https://www.avidbank.com
Avidbank Holdings Inc is a full-service commercial bank. It offers various services such as commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction, and commercial real estate lending.