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Goosehead Insurance's change in receivables for the quarter that ended in Mar. 2024 was $6.9 Mil. It means Goosehead Insurance's Accounts Receivable declined by $6.9 Mil from Dec. 2023 to Mar. 2024 .
Goosehead Insurance's change in receivables for the fiscal year that ended in Dec. 2023 was $7.6 Mil. It means Goosehead Insurance's Accounts Receivable declined by $7.6 Mil from Dec. 2022 to Dec. 2023 .
Goosehead Insurance's Accounts Receivable for the quarter that ended in Mar. 2024 was $16.6 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. Goosehead Insurance's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.53.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goosehead Insurance's liquidation value for the three months ended in Mar. 2024 was $-274.4 Mil.
The historical data trend for Goosehead Insurance'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.
Goosehead Insurance Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Change In Receivables | Get a 7-Day Free Trial | -2.69 | -19.99 | -6.93 | -5.23 | 7.64 |
Goosehead Insurance Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | 8.26 | -2.75 | 0.81 | 1.31 | 6.90 |
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.3 Mil.
* 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.
Goosehead Insurance (NAS:GSHD) 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.
Goosehead Insurance's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 16.62 | / | 64.46 | * | 91 |
= | 23.53 |
2. In Ben Graham's calculation of liquidation value, Goosehead Insurance's accounts receivable are only considered to be worth 75% of book value:
Goosehead Insurance's liquidation value for the quarter that ended in Mar. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 51.089 | - | 337.969 | + | 0.75 * 16.62 | + | 0.5 * 0 |
= | -274.4 |
* 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.
Thank you for viewing the detailed overview of Goosehead Insurance's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Lindy Langston Spousal Lifetime Access Trust | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262 |
Ryan Langston 2021 Family Trust | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262 |
Slj Dynasty Trust | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262 |
Chick & The Bear Irrevocable Trust | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Adrienne Jones | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Lanni Romney | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Mark & Robyn Jones Descendants Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Lanni Romney Spousal Lifetime Access Trust | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262 |
Adrienne Morgan Jones Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Desiree Robyn Coleman Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Mark Evan Jones, Jr. Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Camille Lavaun Peterson Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Lanni Elaine Romney Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Lindy Jean Langston Family Trust 2014 | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
Camille Peterson | 10 percent owner, other: Member of 10% owner group | 1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262 |
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