Firstvings Financial Group (Firstvings Financial Group) Change In Receivables : $-1.30 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Firstvings Financial Group Change In Receivables?

Firstvings Financial Group's change in receivables for the quarter that ended in Mar. 2024 was $0.47 Mil. It means Firstvings Financial Group's Accounts Receivable declined by $0.47 Mil from Dec. 2023 to Mar. 2024 .

Firstvings Financial Group's change in receivables for the fiscal year that ended in Sep. 2023 was $0.00 Mil. It means Firstvings Financial Group's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

Firstvings Financial Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.95 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. Firstvings Financial Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Firstvings Financial Group's liquidation value for the three months ended in Mar. 2024 was $-1,890.78 Mil.

Firstvings Financial Group Change In Receivables Historical Data

The historical data trend for Firstvings Financial Group'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.

Firstvings Financial Group Change In Receivables Chart

Firstvings Financial Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

Get a 7-Day Free Trial

-0.75

-1.42

0.22

-2.09

Firstvings Financial Group 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															0.56	-0.59	-	-1.18	0.47

Firstvings Financial Group 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 $-1.30 Mil.

Firstvings Financial Group (NAS:FSFG) 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.

Firstvings Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.951	/	17.905	*	91
=	45.62

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

Firstvings Financial Group'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)
=	302.431	-	2199.927	+	0.75 * 8.951	+	0.5 * 0
=	-1,890.78

Firstvings Financial Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Firstvings Financial Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Firstvings Financial Group (Firstvings Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Savings Financial Group Inc (NAS:FSFG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

702 North Shore Drive, Suite 300, Jeffersonville, IN, USA, 47130

Website

https://www.fsbbank.net

First Savings Financial Group Inc provides various banking services to individuals and business customers in southern Indiana. The bank accepts deposits from the general public & uses those funds, along with other borrowings, mainly to originate a residential mortgage, commercial mortgage, construction, commercial business, & consumer loans, and to a lesser extent, to invest in mortgage-backed securities and other securities. It conducts lending and deposit activities mainly with individuals and small businesses in its market area. The bank operates in three segments: core banking, which accounts for majority revenue; SBA lending; and mortgage banking.

Executives

Kent L. Parisien	officer: EVP, Area President	501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Steven R Stemler	director	C/O FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Larry W Myers	director, officer: President & CEO	702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Anthony A Schoen	officer: Chief Financial Officer	501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
L. Chris Fordyce	other: Director of Subsidiary	FIRST SAVINGS FINANCIAL GROUP, INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Frank Czeschin	director	FIRST SAVINGS FINANCIAL GROUP INC., 501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
James E. Valete	officer: EVP, Chf SBA Lndg Offc	702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
James W Nelson	officer: EVP and CRO	HUNTINGTON BANCSHARES INCORPORATED, HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Brian A. Simon	officer: SVP, Dir of Mtg, Whsle Lndg	702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Jonathan E. Handmaker	officer: EVP of subsidiary	501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
David Z Rosen	officer: Treasurer of subsidiary	92 WALNUT STREET, LAWRENCEBURG IN 47025
Troy D. Hanke	director	702 NORTH SHORE DRIVE, SUITE 300, JEFFERSONVILLE IN 47130
Marie Haley	officer: EVP and Chief Retail Officer	501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129
Lenfield R. Basham	officer: EVP and CIO	501 EAST LEWIS & CLARK PARKWAY, CLARKSVILLE IN 47129
Lawson John P Jr	director, officer: Chief Operations Officer	501 EAST LEWIS AND CLARK PARKWAY, CLARKSVILLE IN 47129