VBFC (Village Bank and Trust Financial) Change In Receivables : $-0.38 Mil (TTM As of Jun. 2024)

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What is Village Bank and Trust Financial Change In Receivables?

Village Bank and Trust Financial's change in receivables for the quarter that ended in Jun. 2024 was $-0.33 Mil. It means Village Bank and Trust Financial's Accounts Receivable increased by $0.33 Mil from Mar. 2024 to Jun. 2024 .

Village Bank and Trust Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.18 Mil. It means Village Bank and Trust Financial's Accounts Receivable increased by $0.18 Mil from Dec. 2022 to Dec. 2023 .

Village Bank and Trust Financial's Accounts Receivable for the quarter that ended in Jun. 2024 was $3.86 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. Village Bank and Trust Financial's Days Sales Outstanding for the three months ended in Jun. 2024 was 43.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Village Bank and Trust Financial's liquidation value for the three months ended in Jun. 2024 was $-574.41 Mil.

Village Bank and Trust Financial Change In Receivables Historical Data

The historical data trend for Village Bank and Trust Financial'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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Village Bank and Trust Financial Change In Receivables Chart

Village Bank and Trust Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.07

-2.35

1.70

-0.41

-0.18

Village Bank and Trust Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-0.05	-0.29	0.30	-0.33	-

Village Bank and Trust Financial 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.38 Mil.

Village Bank and Trust Financial (NAS:VBFC) 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.

Village Bank and Trust Financial's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.857	/	8.001	*	91
=	43.99

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

Village Bank and Trust Financial's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	100.278	-	677.584	+	0.75 * 3.857	+	0.5 * 0
=	-574.41

Village Bank and Trust Financial Change In Receivables Related Terms

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Village Bank and Trust Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Village Bank and Trust Financial Corp (NAS:VBFC) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

13319 Midlothian Turnpike, Midlothian, VA, USA, 23113

Website

https://www.villagebank.com

Village Bank and Trust Financial Corp is a bank holding company. The banking is the primary operating business of the company. It offers a range of banking and related financial services, including checking, savings, certificates of deposit and other depository services, and commercial, real estate, and consumer loans, primarily in the Richmond, Virginia and Williamsburg, Virginia metropolitan areas. Its operating segment includes Commercial Banking and Mortgage Banking. The company generates maximum revenue from the Commercial Banking segment, which provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on the commercial banking segment's cost of funds.

Executives

Roy I Barzel	officer: EVP-CCO	11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Selena Trudy Sanderson	director	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113
Ronald L. Carey	director	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113
Jennifer J. Church	director	P.O. BOX 330, MIDLOTHIAN VA 23113
Mary Margaret Kastelberg	director	P.O. BOX 330, MIDLOTHIAN VA 23113
Christy Quesenbery	officer: EVP-Operations	11730 HULL STREET ROAD, MIDLOTHIAN VA 23112
Kenneth R Lehman	10 percent owner	122 N GORDON ROAD, FT LAUDERDALE FL 33301
Craig D Bell	director	PO BOX 330, MIDLOTHIAN VA 23113
Jenkins Frank E. Jr.	director	PO BOX 330, MIDLOTHIAN VA 23113
Avery Raymond Thomas Iii	director	PO BOX 330, MIDLOTHIAN VA 23113
Michael A Katzen	director	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
William G Foster	officer: Senior Vice President	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
Hendricks James E Jr	officer: EVP-Chief Credit Officer	C/O VILLAGE BANK, P.O. BOX 330, MIDLOTHIAN VA 23113
Charles E Walton	director	15521 MIDLOTHIAN TURNPIKE, SUITE 200, MIDLOTHIAN VA 23113
Kaloski Donald M. Jr.	officer: EVP-CFO	13319 MIDLOTHIAN TURNPIKE, MIDLOTHIAN VA 23113