Zillow Group (Zillow Group) Accounts Receivable

: $96 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zillow Group's accounts receivables for the quarter that ended in Dec. 2023 was $96 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zillow Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 18.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zillow Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $3.24.

Zillow Group Accounts Receivable Historical Data

The historical data trend for Zillow Group's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zillow Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

67.01

69.94

77.00

72.00

96.00

Zillow Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																72.00	75.00	90.00	97.00	96.00

Zillow Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Zillow Group Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Zillow Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	96	/	474	*	91
=	18.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Zillow Group's accounts receivable are only considered to be worth 75% of book value:

Zillow Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2810	+	0.75 * 96	+	0.5 * 0	-	2126
-	0	-	0)	/	233.354
=	3.24

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Zillow Group Accounts Receivable Related Terms

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Zillow Group (Zillow Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zillow Group Inc (NAS:Z) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

ZG:USA Z:Mexico 0ZG2:Germany 0ZG:Germany 0ZG2:Germany 0ZG:Germany Z2LL34:Brazil

Address

1301 Second Avenue, Floor 31, Seattle, WA, USA, 98101

Website

https://www.zillowgroup.com

Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.

Executives

Jennifer Rock	officer: Interim CFO	1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Susan Daimler	officer: President of Zillow	C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeremy Hofmann	officer: Chief Financial Officer	1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Dan Spaulding	officer: Chief People Officer	1301 SECOND AVE, FL 31, SEATTLE WA 98101
Bradley D. Owens	officer: General Counsel	1301 SECOND AVE, FL 31, SEATTLE WA 98101
Erik C Blachford	director	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jeremy Wacksman	officer: Chief Marketing Officer	C/O ZILLOW GROUP, INC, 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Errol G Samuelson	officer: Chief Industry Dev. Officer	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
David A. Beitel	officer: Chief Technology Officer	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Allen Parker	officer: Chief Financial Officer	1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jay C Hoag	director	250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Arik Prawer	officer: Pres. Homes Div./Co-Head IO	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Stanley B Humphries	officer: Chief Analytics Officer	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Aimee Johnson	officer: Chief Marketing Officer	1301 2ND AVE FLOOR 31, SEATTLE WA 98101
Lloyd D Frink	director, officer: Vice Chairman & President	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101