utils_example_conversion3.java

public final class TransactionUtils {
    
    public static String getTransactionWithFormattedTime(final Transaction transaction) {
       String transactionTime = transaction.getTransactionTime(); 
       return SomeFormattings(transactionTime);   
    }
}

//Lets say we are in the ViewHolder of a RecyclerView.Adapter
public void onBindViewHolder(...){
   transactionTime.setText(TransactionUtils.getTransactionWithFormattedTime(transaction.getTransactionTime()));   
}