Middlefield Banc (Middlefield Banc) Change In Receivables : $-1.34 Mil (TTM As of Mar. 2024)

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What is Middlefield Banc Change In Receivables?

Middlefield Banc's change in receivables for the quarter that ended in Mar. 2024 was $-0.13 Mil. It means Middlefield Banc's Accounts Receivable increased by $0.13 Mil from Dec. 2023 to Mar. 2024 .

Middlefield Banc's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.18 Mil. It means Middlefield Banc's Accounts Receivable increased by $1.18 Mil from Dec. 2022 to Dec. 2023 .

Middlefield Banc's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 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. Middlefield Banc's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Middlefield Banc's liquidation value for the three months ended in Mar. 2024 was $-1,398.39 Mil.

Middlefield Banc Change In Receivables Historical Data

The historical data trend for Middlefield Banc'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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Middlefield Banc Change In Receivables Chart

Middlefield Banc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.16

-1.74

1.08

-0.21

-1.18

Middlefield Banc 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															0.03	-0.48	-0.55	-0.18	-0.13

Middlefield Banc 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 $-1.34 Mil.

Middlefield Banc (NAS:MBCN) 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.

Middlefield Banc's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	16.765	*	91
=	0.00

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

Middlefield Banc'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)
=	212.706	-	1611.093	+	0.75 * 0	+	0.5 * 0
=	-1,398.39

Middlefield Banc Change In Receivables Related Terms

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Middlefield Banc (Middlefield Banc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Middlefield Banc Corp (NAS:MBCN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

15985 East High Street, Middlefield, OH, USA, 44062-0035

Website

https://www.middlefieldbank.bank

Middlefield Banc Corp is a United States-based bank holding company. It offers customers banking services, including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, and other services. It also maintains, manages, and disposes of nonperforming loans and other real estate owned.

Executives

Jennifer L Moeller	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Heslop James R Ii	director, officer: Exec. Vice President/COO
Thomas M Wilson	officer: EVP/Corporate Development	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Robert J Dawson	officer: EVP/Chief Lending Officer	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Michael C Voinovich	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Zimmerly Ronald Len Jr.	director	4427 COUNTY ROAD 55, BELLEFONTAINE OH 43311
William J Skidmore	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Mark Ramsey Watkins	director	9551 TOWNSHIP ROAD 179, KENTON OH 43326
Spencer Cohn	director	1682 EL CAMINO REAL, SUITE 320, SAN DIEGO CA 92130
Kenneth E Jones	director	2003 HAVENSWOOD PLACE, BLACKLICK OH 43004
Kevin A Digeronimo	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Darryl E Mast	director
Robert W Toth	director	15985 EAST HIGH STREET, POST OFFICE BOX 35, MIDDLEFIELD OH 44062
Rose Clayton W Iii	director	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Adam T Cook	officer: Senior Vice President	15985 EAST HIGH STREET, MIDDLEFIELD OH 44062