Skyline Bankshares (Skyline Bankshares) Change In Receivables : $-0.48 Mil (TTM As of Dec. 2023)

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What is Skyline Bankshares Change In Receivables?

Skyline Bankshares's change in receivables for the quarter that ended in Dec. 2023 was $-0.26 Mil. It means Skyline Bankshares's Accounts Receivable increased by $0.26 Mil from Sep. 2023 to Dec. 2023 .

Skyline Bankshares's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.48 Mil. It means Skyline Bankshares's Accounts Receivable increased by $0.48 Mil from Dec. 2022 to Dec. 2023 .

Skyline Bankshares's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.46 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. Skyline Bankshares's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Skyline Bankshares's liquidation value for the three months ended in Dec. 2023 was $-811.36 Mil.

Skyline Bankshares Change In Receivables Historical Data

The historical data trend for Skyline Bankshares'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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Skyline Bankshares Change In Receivables Chart

Skyline Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.01

-0.28

-0.01

-0.62

-0.48

Skyline Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.39	0.09	-0.13	-0.18	-0.26

Skyline Bankshares 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 Mil.

Skyline Bankshares (OTCPK:SLBK) 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.

Skyline Bankshares's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.463	/	10.735	*	91
=	29.44

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

Skyline Bankshares's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	149.008	-	962.961	+	0.75 * 3.463	+	0.5 * 0
=	-811.36

Skyline Bankshares Change In Receivables Related Terms

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Skyline Bankshares (Skyline Bankshares) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Change In Receivables

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Address

101 Jacksonville Circle, Floyd, VA, USA, 24091

Website

https://www.skylinenationalbank.bank

Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.