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VWFB (VWF Bancorp) Accounts Receivable : $0.96 Mil (As of Jun. 2024)


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What is VWF Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VWF Bancorp's accounts receivables for the quarter that ended in Jun. 2024 was $0.96 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VWF Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 53.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VWF Bancorp's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-53.79.


VWF Bancorp Accounts Receivable Historical Data

The historical data trend for VWF Bancorp's Accounts Receivable 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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VWF Bancorp Accounts Receivable Chart

VWF Bancorp Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
0.19 0.22 0.50 0.96

VWF Bancorp Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.60 0.82 0.90 0.96

VWF Bancorp Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


VWF Bancorp Accounts Receivable 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 receivables are being managed.

VWF Bancorp's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.962/1.649*91
=53.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), VWF Bancorp's accounts receivable are only considered to be worth 75% of book value:

VWF Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(170.976+0.75 * 0.962+0.5 * 0-274.706
-0-0)/1.91496
=-53.79

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


VWF Bancorp Accounts Receivable Related Terms

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VWF Bancorp Business Description

Traded in Other Exchanges
N/A
Address
976 South Shannon Street, Van Wert, OH, USA, 45891
VWF Bancorp Inc operates as a savings and loan holding company for Van Wert Federal Savings Bank. The firm, through its subsidiaries, engages in the business of making residential mortgage loans and accepting deposits.
Executives
Michael D Cahill director, officer: President & CEO 5031 SWEETWATER PLACE, FORT WAYNE IN 46835
Charles F Koch director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Andrew D. Holy officer: Chief Risk Officer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Richard Wayne Brackin officer: CFO & Treasurer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Andrea Myers officer: Chief Administrative Officer 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Thomas Turnwald director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Jon Bagley director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Mark K Schumm officer: President and CEO 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Michael Keysor director 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Kylee J Moody officer: CFO 976 SOUTH SHANNON STREET, VAN WERT OH 45891
Gary L Clay director, officer: Chairman of the Board 976 SOUTH SHANNON STREET, VAN WERT OH 45891

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