Independent Bank Corp. logo
Independent Bank Corp. INDB
$ 78.52 0.68%

Annual report 2025
added 02-27-2026

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Independent Bank Corp. Accounts Receivables 2011-2026 | INDB

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.
Examples of accounts receivable
  • Customers have not paid invoices for delivered products
  • An advance has been paid to a supplier, but goods have not yet been received
  • Employees have not reported on accountable amounts
  • The government must refund tax overpayments
  • Outstanding loans issued
Importance of accounts receivable in company analysis
  1. Asset quality
    Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
  2. Impact on cash flow
    Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
  3. Assessment of management efficiency
    The following accounts receivable turnover ratios are commonly used:
    Receivables turnover = Revenue / Average accounts receivable
    (the higher — the better)

    Days Sales Outstanding (DSO) = 365 / Turnover
    (the fewer days — the faster customers pay)

    If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Independent Bank Corp.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
70.3 M 55.6 M 60.2 M 50.8 M 43.7 M 36 M - - - - - - - - -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
70.3 M 36 M 52.8 M

Quarterly Accounts Receivables Independent Bank Corp.

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
70.8 M 54.5 M 53.7 M - 55.3 M 59.2 M 59.3 M - 58.1 M 54 M 52.7 M - 42.7 M 39 M 39.4 M 43.7 M 36.7 M 29.9 M 33.4 M 36 M 36.7 M 32.9 M 25.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
70.8 M 25.9 M 45.7 M

Accounts Receivables of other stocks in the Banks regional industry

Issuer Accounts Receivables Price % 24h Market Cap Country
Arrow Financial Corporation Arrow Financial Corporation
AROW
5.49 M $ 37.47 1.68 % $ 618 M usaUSA
1895 Bancorp of Wisconsin 1895 Bancorp of Wisconsin
BCOW
1.55 M - -6.47 % $ 52 M usaUSA
C&F Financial Corporation C&F Financial Corporation
CFFI
11.7 M $ 74.01 -0.99 % $ 240 M usaUSA
Columbia Financial Columbia Financial
CLBK
41.5 M $ 19.61 1.98 % $ 2 B usaUSA
Atlantic Capital Bancshares Atlantic Capital Bancshares
ACBI
2.1 M - -1.48 % $ 566 M usaUSA
Citizens Holding Company Citizens Holding Company
CIZN
5.23 M - -5.65 % $ 49.5 M usaUSA
Customers Bancorp Customers Bancorp
CUBI
104 M $ 77.44 1.44 % $ 2.51 B usaUSA
FFBW FFBW
FFBW
813 K - - $ 68.2 M usaUSA
The First of Long Island Corporation The First of Long Island Corporation
FLIC
9.74 M - 0.25 % $ 268 M usaUSA
Financial Institutions Financial Institutions
FISI
25.1 M $ 34.48 1.19 % $ 693 M usaUSA
Esquire Financial Holdings Esquire Financial Holdings
ESQ
1.05 M $ 106.24 1.07 % $ 856 M usaUSA
BankFinancial Corporation BankFinancial Corporation
BFIN
7.54 M - - $ 151 M usaUSA
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BPOP
301 M $ 149.99 -0.23 % $ 10.1 B usaUSA
First Busey Corporation First Busey Corporation
BUSE
6.63 B $ 26.8 2.29 % $ 2.25 B usaUSA
Guaranty Bancshares Guaranty Bancshares
GNTY
13.1 M - - $ 570 M usaUSA
Camden National Corporation Camden National Corporation
CAC
8 K $ 49.3 2.35 % $ 833 M usaUSA
First Northwest Bancorp First Northwest Bancorp
FNWB
6.5 M $ 10.17 1.72 % $ 89.4 M usaUSA
Cambridge Bancorp Cambridge Bancorp
CATC
15.8 M - - $ 576 M usaUSA
CBM Bancorp CBM Bancorp
CBMB
605 K - 0.52 % $ 61.6 M usaUSA
CBTX CBTX
CBTX
35.9 M - 1.49 % $ 1.51 B usaUSA
CNB Financial Corporation CNB Financial Corporation
CCNE
30.3 M $ 30.81 1.42 % $ 757 M usaUSA
CrossFirst Bankshares CrossFirst Bankshares
CFB
37.3 M - - $ 784 M usaUSA
Comerica Incorporated Comerica Incorporated
CMA
38 M - - $ 11.8 B usaUSA
Axos Financial Axos Financial
AX
235 M $ 90.27 -6.62 % $ 5.13 B usaUSA
HMN Financial HMN Financial
HMNF
3.55 M - -2.13 % $ 122 M usaUSA
HarborOne Bancorp HarborOne Bancorp
HONE
18.4 M - - $ 499 M usaUSA
Cincinnati Bancorp Cincinnati Bancorp
CNNB
577 K - -4.28 % $ 43.3 M usaUSA
HV Bancorp HV Bancorp
HVBC
2.47 M - 2.06 % $ 77.4 M usaUSA
ConnectOne Bancorp ConnectOne Bancorp
CNOB
60.8 M $ 29.49 0.92 % $ 1.33 B usaUSA