Town Center Bank IL (Town Center Bank IL) Change In Receivables : $0.00 Mil (TTM As of Mar. 2024)

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What is Town Center Bank IL Change In Receivables?

Town Center Bank IL's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Town Center Bank IL's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Town Center Bank IL's change in receivables for the fiscal year that ended in Dec. 2023 was $0.15 Mil. It means Town Center Bank IL's Accounts Receivable declined by $0.15 Mil from Dec. 2022 to Dec. 2023 .

Town Center Bank IL'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. Town Center Bank IL'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. Town Center Bank IL's liquidation value for the three months ended in Mar. 2024 was $-101.15 Mil.

Town Center Bank IL Change In Receivables Historical Data

The historical data trend for Town Center Bank IL'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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Town Center Bank IL Change In Receivables Chart

Town Center Bank IL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.02

-0.16

0.12

-0.06

0.15

Town Center Bank IL Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Town Center Bank IL 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 $0.00 Mil.

Town Center Bank IL (OTCPK:TCNB) 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.

Town Center Bank IL'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	/	1.723	*	91
=	0.00

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

Town Center Bank IL'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)
=	24.017	-	125.171	+	0.75 * 0	+	0.5 * 0
=	-101.15

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Town Center Bank IL (Town Center Bank IL) Business Description

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Address

1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451

Website

https://www.towncenterbank.com

Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

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