IF Bancorp Inc

NASDAQ IROQ

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IF Bancorp Inc Days Sales Outstanding (DSO) 3 year CAGR for the quarter ending March 31, 2024: 0.98%

IF Bancorp Inc Days Sales Outstanding (DSO) 3 year CAGR is 0.98% for the quarter ending March 31, 2024, a -87.70% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

IF Bancorp Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2023 was 161.25, a 50.77% change year over year.
IF Bancorp Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2022 was 106.95, a -3.90% change year over year.
IF Bancorp Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2021 was 111.29, a -13.24% change year over year.
IF Bancorp Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2020 was 128.28, a -18.74% change year over year.

NASDAQ: IROQ

IF Bancorp Inc

CEO	Mr. Walter H. Hasselbring III
IPO Date	July 8, 2011
Location	United States
Headquarters	201 East Cherry Street, Watseka, IL, United States, 60970-0190
Employees	104
Sector	Financial Services
Industry	Banks - regional

Description

IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily comprising automobile loans, as well as construction loans and land development loans. In addition, the company sells property and casualty insurance, as well as offers annuities; mutual funds; individual and group retirement plans; life, disability, and health insurance; individual securities; managed accounts; and other financial services. Further, it invests in securities; and provides ATM, online banking and bill pay, mobile banking, ACH origination, remote deposit capture, and telephone banking services. IF Bancorp, Inc. was founded in 1883 and is headquartered in Watseka, Illinois.

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