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TelegramQuarterly report 2024-Q1
added 05-02-2024
Summit Financial Group Accounts Receivables 2011-2025 | SMMF
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
- 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. - 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. - 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 Summit Financial Group
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 M | 15.9 M | 10.6 M | 12 M | 8.44 M | 8.71 M | 8.33 M | 6.17 M | 5.54 M | 5.84 M | 5.67 M | 5.62 M | 5.78 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 20 M | 5.54 M | 9.12 M |
Quarterly Accounts Receivables Summit Financial Group
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20.2 M | 20 M | 19.8 M | 18.2 M | 16.3 M | 15.9 M | 13.2 M | - | 11 M | 10.6 M | 10.5 M | 10.4 M | 10.7 M | 12 M | 12 M | 12 M | 12 M | 8.44 M | 8.44 M | 8.44 M | 8.44 M | 8.71 M | 8.71 M | 8.71 M | 8.71 M | 8.33 M | 8.33 M | 8.33 M | 8.33 M | 6.17 M | 6.17 M | 6.17 M | 6.17 M | 5.54 M | 5.54 M | 5.54 M | 5.54 M | 5.84 M | 5.84 M | 5.84 M | 5.84 M | 5.67 M | 5.67 M | 5.67 M | 5.67 M | 5.62 M | 5.62 M | 5.62 M | 5.62 M | 5.78 M | 5.78 M | 5.78 M | 5.78 M |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 20.2 M | 5.54 M | 8.94 M |
Accounts Receivables of other stocks in the Banks regional industry
| Issuer | Accounts Receivables | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Business First Bancshares
BFST
|
35.9 M | $ 26.55 | -0.64 % | $ 697 M |  USA |
 |
Allegiance Bancshares
ABTX
|
33.4 M | - | -0.86 % | $ 1.51 B | USA |
 |
1895 Bancorp of Wisconsin
BCOW
|
1.55 M | - | -6.47 % | $ 52 M | USA |
 |
BankUnited
BKU
|
98 M | $ 44.99 | -0.79 % | $ 3.31 B | USA |
 |
Civista Bancshares
CIVB
|
12.8 M | $ 22.87 | -0.69 % | $ 347 M | USA |
 |
Atlantic Capital Bancshares
ACBI
|
2.1 M | - | -1.48 % | $ 566 M | USA |
 |
Comerica Incorporated
CMA
|
38 M | $ 88.21 | -0.81 % | $ 11.7 B | USA |
 |
Bankwell Financial Group
BWFG
|
14.5 M | $ 46.62 | -0.72 % | $ 359 M | USA |
 |
CNB Financial Corporation
CCNE
|
21.6 M | $ 26.68 | -0.52 % | $ 556 M | USA |
 |
Citizens Financial Group
CFG
|
816 M | $ 59.18 | -1.07 % | $ 26.7 B | USA |
 |
BCB Bancorp
BCBP
|
15.2 M | $ 8.2 | -0.85 % | $ 139 M | USA |
 |
Ameris Bancorp
ABCB
|
10.2 M | $ 76.16 | 0.15 % | $ 5.24 B | USA |
 |
Cincinnati Bancorp
CNNB
|
577 K | - | -4.28 % | $ 43.3 M | USA |
 |
Sierra Bancorp
BSRR
|
16 M | $ 33.07 | -0.21 % | $ 472 M | USA |
 |
First Busey Corporation
BUSE
|
6.63 B | $ 24.31 | -0.37 % | $ 1.38 B | USA |
 |
Enterprise Financial Services Corp
EFSC
|
52.4 M | $ 55.14 | -0.58 % | $ 2.06 B | USA |
 |
Popular
BPOP
|
263 M | $ 125.88 | -0.11 % | $ 9.01 B | USA |
 |
CBM Bancorp
CBMB
|
605 K | - | 0.52 % | $ 61.6 M | USA |
 |
First Citizens BancShares
FCNCA
|
902 M | $ 2 161.52 | -0.87 % | $ 31 B | USA |
 |
First Foundation
FFWM
|
54.2 M | $ 6.1 | -1.05 % | $ 344 M | USA |
 |
First Mid Bancshares
FMBH
|
38.6 M | $ 39.78 | -0.55 % | $ 947 M | USA |
 |
Cathay General Bancorp
CATY
|
97.8 M | $ 49.55 | -0.9 % | $ 3.57 B | USA |