Red River Bancshares Inc

NASDAQ RRBI

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Red River Bancshares Inc Days Sales Outstanding (DSO) 3 year CAGR for the quarter ending March 31, 2024: -0.57%

Red River Bancshares Inc Days Sales Outstanding (DSO) 3 year CAGR is -0.57% for the quarter ending March 31, 2024, a -108.30% 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.
  • Red River Bancshares Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2023 was 113.33, a 7.32% change year over year.
  • Red River Bancshares Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2022 was 105.60, a 7.98% change year over year.
  • Red River Bancshares Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2021 was 97.79, a 5.19% change year over year.
  • Red River Bancshares Inc Days Sales Outstanding (DSO) for the quarter ending March 31, 2020 was 92.97, a -5.41% change year over year.
NASDAQ: RRBI

Red River Bancshares Inc

CEO Mr. Ronald Blake Chatelain
IPO Date May 3, 2019
Location United States
Headquarters 1412 Centre Court Drive, Alexandria, LA, United States, 71301
Employees 358
Sector Financial Services
Industry Banks - regional
Description

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. Red River Bancshares, Inc. was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

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StockViz Staff

September 20, 2024

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