FBL Financial Group (FBL Financial Group) Change In Receivables : $-1.3 Mil (TTM As of Mar. 2021)

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What is FBL Financial Group Change In Receivables?

FBL Financial Group's change in receivables for the quarter that ended in Mar. 2021 was $5.9 Mil. It means FBL Financial Group's Accounts Receivable declined by $5.9 Mil from Dec. 2020 to Mar. 2021 .

FBL Financial Group's change in receivables for the fiscal year that ended in Dec. 2020 was $-6.6 Mil. It means FBL Financial Group's Accounts Receivable increased by $6.6 Mil from Dec. 2019 to Dec. 2020 .

FBL Financial Group's Accounts Receivable for the quarter that ended in Mar. 2021 was $108.6 Mil.

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 Receivable are being managed. FBL Financial Group's Days Sales Outstanding for the three months ended in Mar. 2021 was 52.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FBL Financial Group's liquidation value for the three months ended in Mar. 2021 was $-1,188.2 Mil.

FBL Financial Group Change In Receivables Historical Data

The historical data trend for FBL Financial Group's Change In Receivables 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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FBL Financial Group Change In Receivables Chart

FBL Financial Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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-1.39

-5.10

4.08

-2.42

-6.56

FBL Financial Group Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Receivables	Get a 7-Day Free Trial															0.69	-4.85	0.06	-2.46	5.90

FBL Financial Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.3 Mil.

FBL Financial Group (NYSE:FFG) Change In Receivables 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 Receivable are being managed.

FBL Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	108.64	/	190.313	*	91
=	52.09

2. In Ben Graham's calculation of liquidation value, FBL Financial Group's accounts receivable are only considered to be worth 75% of book value:

FBL Financial Group's liquidation value for the quarter that ended in Mar. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8141.189	-	9410.915	+	0.75 * 108.64	+	0.5 * 0
=	-1,188.2

FBL Financial Group Change In Receivables Related Terms

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FBL Financial Group (FBL Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FBL Financial Group Inc (NYSE:FFG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

5400 University Avenue, West Des Moines, IA, USA, 50266-5997

Website

http://www.fblfinancial.com

FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.

Executives

Paul A. Juffer	director	5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle	director	275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster	officer: VP - Marketing and Agency Svcs	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge	officer: Chief Accounting Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead	officer: Chief Investment Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead	officer: VP - Sales and Distribution	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker	officer: Chief Information Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts	director	2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt	officer: Chief Operating Officer - PC	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart	officer: Chief Administrative Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski	officer: Senior Vice President	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher	director, officer: Chief Executive Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel	officer: Chief Investment Officer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel	officer: CFO & Treasurer	5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen	officer: CEO Emeritus	5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266