National Western Life Group (National Western Life Group) Change In Receivables : $146.4 Mil (TTM As of Dec. 2023)

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What is National Western Life Group Change In Receivables?

National Western Life Group's change in receivables for the quarter that ended in Dec. 2023 was $4.8 Mil. It means National Western Life Group's Accounts Receivable declined by $4.8 Mil from Sep. 2023 to Dec. 2023 .

National Western Life Group's change in receivables for the fiscal year that ended in Dec. 2023 was $146.4 Mil. It means National Western Life Group's Accounts Receivable declined by $146.4 Mil from Dec. 2022 to Dec. 2023 .

National Western Life Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,542.4 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. National Western Life Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 677.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Western Life Group's liquidation value for the three months ended in Dec. 2023 was $-1,063.1 Mil.

National Western Life Group Change In Receivables Historical Data

The historical data trend for National Western Life 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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National Western Life Group Change In Receivables Chart

National Western Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.51

0.73

197.17

179.58

146.36

National Western Life Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															37.11	16.07	61.58	63.88	4.84

National Western Life 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $146.4 Mil.

National Western Life Group (NAS:NWLI) 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.

National Western Life 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
=	1542.424	/	207.869	*	91
=	677.09

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

National Western Life Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7590.946	-	9810.891	+	0.75 * 1542.424	+	0.5 * 0
=	-1,063.1

National Western Life Group Change In Receivables Related Terms

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National Western Life Group (National Western Life Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Western Life Group Inc (NAS:NWLI) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759

Website

https://www.nwlgi.com

National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.

Executives

E J Pederson	director	850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody	director, officer: President & Interim CEO	850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone	director	AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell	director	850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez	officer: Sr VP - CLO & Secretary	850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller	other: NWLIC SVP - CLO & Secretary	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury	other: NWLIC - VP Controller	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M	other: NWLIC - SVP Chief Actuary CRO	10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope	other: NWLIC - EVP CMO	10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson	other: NWLIC - VP Head of Investments	10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody	10 percent owner	850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust	10 percent owner	C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen	other: NWLIC - SVP CIO	10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody	director	850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod	director	850 EAST ANDERSON LANE, AUSTIN TX 78752